Befesa (ETR:BFSA) has been given a €46.00 ($53.49) price target by JPMorgan Chase & Co. in a research note issued to investors on Thursday. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s price target indicates a potential upside of 25.85% from the company’s current price.
Other equities analysts have also issued research reports about the company. Citigroup set a €50.00 ($58.14) target price on Befesa and gave the company a “buy” rating in a research note on Tuesday, September 25th. Goldman Sachs Group set a €40.00 ($46.51) target price on Befesa and gave the company a “neutral” rating in a research note on Thursday. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Befesa has an average rating of “Buy” and an average target price of €51.30 ($59.65).
ETR:BFSA opened at €36.55 ($42.50) on Thursday.
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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