Bertrandt (ETR:BDT) Rating Reaffirmed
The investment house has just set a target price per share of EUR 105.00 on Bertrandt (ETR:BDT) shares. This is -1.64% from the last stock close. In an interesting research report announced on Saturday morning, Deutsche Bank AG kept steady their “Hold” rating on shares of BDT.
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 €136. The mean of all analyst targets is €139.33 with a 30.21% above today’s (€107) stock price. Bertrandt was the topic of 16 analyst reports since July 17, 2015 according to the firm StockzIntelligence Inc. Warburg Research upgraded shares on December 11 to “Buy” rating. Bankhaus Lampe upgraded BDT stock in a recent report from December 10 to “Buy” rating.
The stock decreased 1.92% or EUR 2.1 on December 11, striking EUR 107. Approximately 22,495 shares of stock traded hands. Bertrandt AG (ETR:BDT) has declined 18.03% since May 14, 2015 and is downtrending. It has underperformed by 15.01% 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 1.08 billion EUR. It provides technical and commercial services throughout Germany in sectors such as electrical engineering, energy, mechanical engineering and medical technology. It has 17.28 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.