Bureau Veritas SA (OTCMKTS:BVRDF) Receives Consensus Rating of “Hold” from Brokerages

Shares of Bureau Veritas SA (OTCMKTS:BVRDFGet Rating) have been assigned an average rating of “Hold” from the twelve research firms that are presently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $25.00.

A number of research analysts have recently commented on BVRDF shares. Exane BNP Paribas cut Bureau Veritas from an “outperform” rating to a “neutral” rating in a research note on Friday, January 21st. Zacks Investment Research downgraded Bureau Veritas from a “buy” rating to a “hold” rating in a report on Monday, March 7th. Morgan Stanley downgraded Bureau Veritas from an “overweight” rating to an “equal weight” rating in a report on Monday, January 10th. JPMorgan Chase & Co. decreased their price objective on Bureau Veritas from €26.00 ($28.57) to €25.00 ($27.47) in a report on Friday, January 21st. Finally, Credit Suisse Group downgraded Bureau Veritas from an “outperform” rating to a “neutral” rating in a report on Thursday, January 20th.

OTCMKTS BVRDF traded up $0.20 on Wednesday, hitting $27.30. 1,425 shares of the company’s stock were exchanged, compared to its average volume of 514. The stock has a 50-day moving average of $28.57 and a 200-day moving average of $30.61. Bureau Veritas has a 52 week low of $27.10 and a 52 week 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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