Goldman Sachs Group Analysts Give Befesa (ETR:BFSA) a €29.00 Price Target

Goldman Sachs Group set a €29.00 ($33.72) price target on Befesa (ETR:BFSA) in a research note issued to investors on Thursday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

Separately, Berenberg Bank set a €53.00 ($61.63) target price on Befesa and gave the company a buy rating in a report on Monday, August 19th.

Befesa stock opened at €31.35 ($36.45) on Thursday. The company has a debt-to-equity ratio of 176.22, a quick ratio of 1.41 and a current ratio of 1.65. The firm has a market capitalization of $1.07 billion and a price-to-earnings ratio of 12.24. Befesa has a fifty-two week low of €26.75 ($31.10) and a fifty-two week high of €41.65 ($48.43). The stock’s fifty day moving average is €31.80 and its two-hundred day moving average is €34.25.

About Befesa

Befesa SA, a services company, offers waste management solutions. It operates through Steel Dust Recycling Services and Aluminium Salt Slags Recycling Services segments. The Steel Dust Recycling Services segment collects and recycles steel dust and other steel residues generated in the production of crude, stainless, and galvanized steel; and produces waelz oxide and other metals.

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