Bilfinger’s (GBF) “Buy” Rating Reiterated at DZ Bank

DZ Bank reaffirmed their buy rating on shares of Bilfinger (ETR:GBF) in a research note issued to investors on Thursday, Borsen Zeitung reports.

GBF has been the topic of a number of other reports. UBS Group set a €27.50 ($31.98) target price on shares of Bilfinger and gave the stock a neutral rating in a report on Wednesday. Independent Research set a €23.00 ($26.74) target price on shares of Bilfinger and gave the stock a neutral rating in a report on Monday, August 19th. Finally, HSBC set a €38.00 ($44.19) target price on shares of Bilfinger and gave the stock a buy rating in a report on Monday, October 28th. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company presently has an average rating of Hold and an average price target of €31.60 ($36.74).

GBF traded down €0.06 ($0.07) during trading on Thursday, reaching €30.94 ($35.98). 118,899 shares of the stock were exchanged, compared to its average volume of 215,878. The stock has a market cap of $1.31 billion and a P/E ratio of -139.37. Bilfinger has a twelve month low of €20.70 ($24.07) and a twelve month high of €38.24 ($44.47). The stock’s 50 day moving average price is €28.04 and its two-hundred day moving average price is €27.09. The company has a debt-to-equity ratio of 97.25, a quick ratio of 1.13 and a current ratio of 1.20.

Bilfinger Company Profile

Bilfinger SE provides industrial services to customers in the process industry. It offers maintenance engineering and consulting, planning and execution of maintenance measures, coordination of subcontractors, planning and execution of turnarounds, and condition monitoring services; and plant engineering, piping and steel construction, plant demolition and conversion services; and operates and maintains various industrial plants.

Recommended Story: What causes a stock to be most active?

Analyst Recommendations for Bilfinger (ETR:GBF)

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