Deutsche Bank Aktiengesellschaft Cuts Bureau Veritas (OTCMKTS:BVRDF) Price Target to €26.00

Bureau Veritas (OTCMKTS:BVRDFGet Rating) had its target price decreased by stock analysts at Deutsche Bank Aktiengesellschaft from €29.00 ($30.53) to €26.00 ($27.37) in a report released on Thursday, The Fly reports.

A number of other equities analysts have also weighed in on the stock. Morgan Stanley boosted their price objective on shares of Bureau Veritas from €30.00 ($31.58) to €30.80 ($32.42) and gave the stock an “equal weight” rating in a report on Friday, May 6th. Barclays boosted their price objective on shares of Bureau Veritas from €29.50 ($31.05) to €30.00 ($31.58) and gave the stock an “equal weight” rating in a report on Monday, April 25th. Finally, Credit Suisse Group began coverage on shares of Bureau Veritas in a report on Wednesday, June 1st. They issued a “hold” rating and a $28.50 price objective for the company. One research analyst has rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $27.55.

Shares of BVRDF stock traded down $0.27 during trading hours on Thursday, hitting $25.85. 221 shares of the company’s stock traded hands, compared to its average volume of 171. The stock’s fifty day simple moving average is $28.09 and its two-hundred day simple moving average is $29.20. Bureau Veritas has a 12-month low of $25.85 and a 12-month high of $34.34.

Bureau Veritas Company Profile (Get Rating)

Bureau Veritas SA provides laboratory testing, inspection, and certification services. It operates through six segments: Marine & Offshore; Agri-Food & Commodities; Industry; Buildings & Infrastructure; Certification; and Consumer Products. The company engages in the inspecting, analyzing, auditing, and certifying the products, assets, and management systems of its customers in relation to regulatory benchmarks or volunteers, as well as issues compliance reports.

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Analyst Recommendations for Bureau Veritas (OTCMKTS:BVRDF)

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