Will the Recent Warburg Research Upgrade Help Bertrandt (ETR:BDT) Shares This Week?

Share

Bertrandt (ETR:BDT) Stock Upgrade

Trading for shares of Bertrandt (ETR:BDT) will be watched closely today, as Warburg Research upgraded the stock to a solid rating of a “Buy”. In addition to their ratings upgrade, Warburg Research set a Estimated Target Price of EUR 140.00 which was 27.74% higher.

From a total of 4 analysts covering Bertrandt (ETR:BDT) stock, 4 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that 100% of the ratings are positive. The highest target price is €150 while the lowest target price is €140. The mean of all analyst targets is €142.33 with a 30.10% above today’s (€109.4) stock price. Bertrandt was the topic of 11 analyst reports since July 17, 2015 according to the firm StockzIntelligence Inc. DZ-Bank AG upgraded shares on November 7 to “Buy” rating. Hauck & Aufhäuser Privatbankiers KGaA upgraded BDT stock in a recent report from October 8 to “Buy” rating.

The stock decreased 2.71% or EUR 3.05 on December 3, striking EUR 109.4. Approximately 25,969 shares of stock traded hands or 1.73% up from the average. Bertrandt AG (ETR:BDT) has declined 18.03% since May 7, 2015 and is downtrending. It has underperformed by 17.74% the S&P500.

 Will the Recent Warburg Research Upgrade Help Bertrandt (ETR:BDT) Shares This Week?

Bertrandt AG is a Germany-based company that develops individual solutions for the international automotive and aviation industries in Europe, China and the United States. The company has a market cap of 1.11 billion EUR. It provides technical and commercial services throughout Germany in sectors such as electrical engineering, energy, mechanical engineering and medical technology. It has 17.67 P/E ratio. The Company’s services include all process steps in the project phases of conceptual design, product design, development, modeling, tool production, vehicle construction and production planning right through to start of production and production support.

COMMENTS: