Bureau Veritas (OTCMKTS:BVRDF) Raised to “Hold” at Zacks Investment Research

Bureau Veritas (OTCMKTS:BVRDFGet Rating) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Friday, Zacks.com reports.

According to Zacks, “Bureau Veritas SA provides conformity assessment and certification services. The Company offers a range of services, including asset management, certification, classification services, consulting, inspections and audits, testing and analysis, and training. “

A number of other brokerages have also commented on BVRDF. Barclays lifted their price target on shares of Bureau Veritas from €29.50 ($31.38) to €30.00 ($31.91) and gave the stock an “equal weight” rating in a research note on Monday, April 25th. Morgan Stanley boosted their target price on shares of Bureau Veritas from €30.00 ($31.91) to €30.80 ($32.77) and gave the company an “equal weight” rating in a research report on Friday, May 6th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $28.36.

Shares of BVRDF stock traded up $0.79 during trading hours on Friday, reaching $28.93. The company had a trading volume of 581 shares, compared to its average volume of 722. The business has a fifty day moving average price of $28.47 and a 200-day moving average price of $29.87. Bureau Veritas has a one year low of $26.64 and a one year 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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