Rating to Follow: Is DZ BANK Very Positive For Bilfinger (ETR:GBF) After Its Upgrade?

November 25, 2016 - By Marguerite Chambers

Rating to Follow:  Is DZ BANK Very Positive For Bilfinger (ETR:GBF) After Its Upgrade?

Bilfinger (ETR:GBF) Upgrade

In a an analyst note revealed to clients and investors on Friday morning, DZ BANK stated it was upgrading Bilfinger (ETR:GBF) stock to a Buy.

Bilfinger SE (ETR:GBF) Ratings Coverage

Out of 12 analysts covering Bilfinger (ETR:GBF), 4 rate it a “Buy”, 2 “Sell”, while 6 “Hold”. This means 33% are positive. €57 is the highest target while €26 is the lowest. The €34.40 average target is -2.47% below today’s (€35.27) stock price. Bilfinger has been the topic of 64 analyst reports since July 22, 2015 according to StockzIntelligence Inc. Bankhaus Lampe downgraded Bilfinger SE (ETR:GBF) rating on Friday, October 16. Bankhaus Lampe has “Sell” rating and €30 price target. As per Friday, August 14, the company rating was maintained by Warburg Research. The stock of Bilfinger SE (ETR:GBF) has “Buy” rating given on Wednesday, October 26 by Commerzbank. The rating was maintained by UBS on Saturday, June 11 with “Neutral”. Landesbank maintained the shares of GBF in a report on Saturday, November 28 with “Hold” rating. The rating was downgraded by Kepler Cheuvreux to “Reduce” on Wednesday, July 22. Bankhaus Lampe downgraded the shares of GBF in a report on Monday, August 10 to “Sell” rating. Landesbank maintained the stock with “Hold” rating in Saturday, June 11 report. Bankhaus Lampe maintained Bilfinger SE (ETR:GBF) on Friday, November 11 with “Hold” rating. As per Thursday, August 11, the company rating was downgraded by S&P Research.

About 24,698 shares traded hands. Bilfinger SE (ETR:GBF) has declined 2.12% since April 22, 2016 and is downtrending. It has underperformed by 7.53% the S&P500.

Bilfinger SE is a Germany-based industrial services provider. The company has a market cap of 1.62 billion EUR. The Firm delivers customized engineering and services to clients in the process industry. It currently has negative earnings. The Company’s product portfolio comprises consulting, engineering, fabrication and installation, as well as maintenance concepts and their implementation including turnarounds.

GBF Company Profile

iShares Lehman Government/Credit Bond Fund (the Fund) seeks investment results that correspond to the price and yield performance of the United States Government and investment-grade United States corporate securities of the United States bond market as defined by the Lehman Brothers U.S. Government/Credit Index (the Index). The Fund invests in a representative sample of the securities in the Index, which has a similar investment profile as the Index. Due to the use of representative sampling, the Fund may or may not hold all of the securities that are included in the Index.

More notable recent Bilfinger SE (ETR:GBF) news were published by: Bloomberg.com which released: “EQT, KKR Said to Make Bilfinger Shortlist for Unit Sale” on March 03, 2016, also Seekingalpha.com with their article: “Bilfinger: Introducing A Diversified European Construction Company (BFLBY)” published on January 14, 2015, Bloomberg.com published: “Bilfinger Shakeup Deepens as Two Board Members Step Down” on May 10, 2016. More interesting news about Bilfinger SE (ETR:GBF) were released by: Bloomberg.com and their article: “Bilfinger Appoints Ex-Osram Manager Patzak CFO Amid Shake Up” published on September 22, 2016 as well as Seekingalpha.com‘s news article titled: “Bilfinger: An Estimation Of The Company’s Asset Value (BFLBF)” with publication date: January 29, 2015.

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