Befesa (ETR:BFSA) Given a €53.00 Price Target at Berenberg Bank

Berenberg Bank set a €53.00 ($61.63) price target on Befesa (ETR:BFSA) in a research note released on Monday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

Several other research firms have also issued reports on BFSA. JPMorgan Chase & Co. set a €46.00 ($53.49) price target on shares of Befesa and gave the stock a buy rating in a research report on Wednesday, May 8th. Goldman Sachs Group set a €33.00 ($38.37) price target on shares of Befesa and gave the stock a neutral rating in a research report on Thursday, July 25th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. Befesa has an average rating of Buy and a consensus target price of €50.00 ($58.14).

ETR BFSA opened at €28.00 ($32.56) on Monday. The company has a debt-to-equity ratio of 176.22, a current ratio of 1.65 and a quick ratio of 1.41. The firm has a market capitalization of $953.87 million and a price-to-earnings ratio of 10.93. The company’s fifty day moving average is €31.44 and its two-hundred day moving average is €36.24. Befesa has a 52-week low of €26.75 ($31.10) and a 52-week high of €45.00 ($52.33).

About Befesa

Befesa SA, a services company, offers waste management solutions. It operates through Steel Dust Recycling Services and Aluminium Salt Slags Recycling Services segments. The Steel Dust Recycling Services segment collects and recycles steel dust and other steel residues generated in the production of crude, stainless, and galvanized steel; and produces waelz oxide and other metals.

Featured Article: When can a hold rating present a buying opportunity?

Analyst Recommendations for Befesa (ETR:BFSA)

Receive News & Ratings for Befesa Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Befesa and related companies with's FREE daily email newsletter.