Bilfinger (OTCMKTS:BFLBY) Stock Price Up 7.2% – What’s Next?

Bilfinger SE (OTCMKTS:BFLBY – Get Free Report) was up 7.2% on Monday. The stock traded as high as $12.7908 and last traded at $12.7550. Approximately 396 shares traded hands during mid-day trading, a decline of 87% from the average daily volume of 3,109 shares. The stock had previously closed at $11.90.

Analysts Set New Price Targets

Separately, UBS Group upgraded Bilfinger to a “buy” rating in a report on Thursday, August 27th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy”.

View Our Latest Research Report on Bilfinger

Bilfinger Stock Performance

The company’s 50 day moving average is $16.94 and its 200-day moving average is $19.83.

About Bilfinger

(Get Free Report)

Bilfinger SE is a Germany-based industrial services and engineering company that supports customers throughout the life cycle of industrial facilities. The company provides consulting, engineering, project management, maintenance, modernization, and technical services for complex plants and infrastructure.

Bilfinger primarily serves process industries, including chemicals and petrochemicals, pharmaceuticals, energy, utilities, and oil and gas. Its services include plant design and engineering, mechanical and electrical installation, automation and control technology, inspection, maintenance, turnaround management, and decommissioning.

Further Reading

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