Bilfinger (ETR:GBF) Rating Reaffirmed
They currently have a EUR 44.00 target on Bilfinger (ETR:GBF). The target price by Norddeutsche Landesbank would suggest a potential downside of -1.79% from the company’s stock close price. This has been announced to investors in an analyst research report on Saturday morning.
From a total of 9 analysts covering Bilfinger (ETR:GBF) stock, 1 rate it a ”Buy”, 4 a “Sell”, and 4 a ”Hold”. This means that 11% of the ratings are positive. The highest target price is €44 while the lowest target price is €28. The mean of all analyst targets is €36 with a -19.61% below today’s (€44.78) stock price. Bilfinger was the topic of 20 analyst reports since July 22, 2015 according to the firm StockzIntelligence Inc. Landesbank maintained shares on November 28 with “Hold” rating. Warburg Research maintained shares with “Hold” rating and €32 target share price in a report from an August 14. BNP Paribas downgraded GBF stock in a recent report from November 17 to “Underperform” rating. S&P Research downgraded the rating on August 13. S&P Research has a “Sell” rating and a €34 price target on shares. Finally, Kepler Cheuvreux downgraded the stock to “Reduce” rating in a report issued on an October 17.
The stock decreased 0.65% or EUR 0.3 on November 27, striking EUR 44.78. Approximately 179,786 shares of stock traded hands. Bilfinger SE (ETR:GBF) has declined 2.60% since April 27, 2015 and is downtrending. It has underperformed by 1.70% the S&P500.
Bilfinger SE is a Germany-based holding company. The company has a market cap of 2.06 billion EUR. The Firm is an engineering and services group, which develops, constructs, maintains, and operates facilities and structures for industry, as well as for the energy and real-estate sectors. It has 28.76 P/E ratio. The operating activities are carried out through its subsidiaries.