Bertrandt (ETR:BDT) Stock Upgrade
Bertrandt (ETR:BDT) shares were boosted by equity analysts at Bankhaus Lampe KG to a solid “Buy” rating in a comprehensive report disseminated today. Analysts now have a EUR 136.00 target price on the shares. Bankhaus Lampe KG’s target price would now indicate a possible upside of 25.23%.
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 30.70% above today’s (€108.9) stock price. Bertrandt was the topic of 13 analyst reports since July 17, 2015 according to the firm StockzIntelligence Inc. Warburg Research upgraded shares on December 4 to “Buy” rating. DZ-Bank AG upgraded BDT stock in a recent report from November 7 to “Buy” rating.
The stock decreased 0.37% or EUR 0.4 on December 9, striking EUR 108.9. Approximately 33,218 shares of stock traded hands or 31.99% up from the average. Bertrandt AG (ETR:BDT) has declined 18.03% since May 13, 2015 and is downtrending. It has underperformed by 17.23% the S&P500.
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 1.14 billion EUR. It provides technical and commercial services throughout Germany in sectors such as electrical engineering, energy, mechanical engineering and medical technology. It has 17.59 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.