Bilfinger (ETR:GBF) Trading Up 0.7%

Bilfinger SE (ETR:GBF) shares were up 0.7% during trading on Wednesday . The stock traded as high as €26.86 ($31.60) and last traded at €26.76 ($31.48). Approximately 88,782 shares were traded during mid-day trading, a decline of 59% from the average daily volume of 215,878 shares. The stock had previously closed at €26.58 ($31.27).

Several research analysts have recently commented on GBF shares. UBS Group set a €28.50 ($33.53) price target on Bilfinger and gave the stock a “neutral” rating in a research report on Wednesday, May 19th. Independent Research set a €32.00 ($37.65) target price on Bilfinger and gave the company a “neutral” rating in a research report on Tuesday, February 16th. Finally, DZ Bank reaffirmed a “buy” rating on shares of Bilfinger in a research report on Monday, May 17th.

The business’s 50-day moving average price is €28.87. The firm has a market capitalization of $1.05 billion and a P/E ratio of 8.14. The company has a quick ratio of 1.58, a current ratio of 1.68 and a debt-to-equity ratio of 45.57.

Bilfinger Company Profile (ETR:GBF)

Bilfinger SE provides industrial services to customers in the process industry primarily in Europe, North America, and the Middle East. The company offers maintenance engineering and consulting, planning and execution of maintenance, coordination of subcontractors, planning and execution of turnarounds, and condition monitoring and asset integrity assessments services; and plant engineering, piping and steel construction, and plant demolition and conversion services; and operates and maintains various industrial plants.

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