Befesa (ETR:BFSA) PT Set at €32.00 by JPMorgan Chase & Co.

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JPMorgan Chase & Co. set a €32.00 ($35.96) price target on Befesa (ETR:BFSA) in a research report sent to investors on Friday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

Separately, Berenberg Bank set a €37.00 ($41.57) target price on Befesa and gave the company a buy rating in a research note on Monday, June 8th.

Shares of BFSA stock opened at €33.65 ($37.81) on Friday. The business’s 50 day moving average is €32.12 and its two-hundred day moving average is €31.82. Befesa has a twelve month low of €22.75 ($25.56) and a twelve month high of €38.70 ($43.48). The company has a market capitalization of $1.15 billion and a P/E ratio of 15.23. The company has a current ratio of 2.24, a quick ratio of 1.87 and a debt-to-equity ratio of 140.97.

Befesa Company Profile

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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