Separately, Independent Research GmbH set a €41.00 ($45.05) target price on shares of Bilfinger SE and gave the company a “neutral” rating in a report on Saturday.
Shares of Bilfinger SE (ETR:GBF) traded up 1.553% during mid-day trading on Friday, reaching €36.425. The company’s stock had a trading volume of 631 shares. Bilfinger SE has a 12 month low of €25.07 and a 12 month high of €40.66. The company has a 50-day moving average of €37.87 and a 200-day moving average of €36.96. The company has a market cap of €1.61 billion and a P/E ratio of 5.447.
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About Bilfinger SE
Bilfinger SE is an international industrial services provider. The Company provides customized engineering and services to customers in the process industry. Its Industrial business segment includes industrial maintenance; insulation, scaffolding and painting; oil and gas, and engineering solutions. The Industrial business segment includes activities, such as design, development and erection of industrial facilities; maintenance and repair of industrial plants; project management; assembly and installation of plant components; design, development and implementation of automation solutions, and insulation, surface and corrosion protection, industrial scaffolding.
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