Befesa (ETR:BFSA) Given a €44.00 Price Target by JPMorgan Chase & Co. Analysts

JPMorgan Chase & Co. set a €44.00 ($47.83) price objective on Befesa (ETR:BFSA – Get Rating) in a report released on Tuesday, Borsen Zeitung reports.

Other analysts also recently issued reports about the company. Berenberg Bank set a €55.00 ($59.78) target price on Befesa in a research report on Wednesday, December 7th. The Goldman Sachs Group set a €67.00 ($72.83) price objective on Befesa in a report on Tuesday, January 17th.

Befesa Stock Down 2.0 %

Shares of ETR:BFSA opened at €53.95 ($58.64) on Tuesday. The business’s 50-day moving average is €45.07 and its 200-day moving average is €41.42. Befesa has a 1 year low of €29.04 ($31.57) and a 1 year high of €73.60 ($80.00). The company has a debt-to-equity ratio of 84.29, a current ratio of 1.14 and a quick ratio of 0.87. The company has a market capitalization of $2.16 billion and a price-to-earnings ratio of 17.10.

Befesa Company Profile

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Befesa SA provides environmental recycling services to the steel and aluminum industries in European, Asian, and North American markets. It operates through two segments, Steel Dust Recycling Services and Aluminium Salt Slags Recycling Services. 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.