Bertrandt (ETR:BDT) Change of Rating
Warburg Research upgraded Bertrandt (ETR:BDT)’s stock to “Buy” rating. The ratings change was sent to clients and investors in an analyst report today. The financial firm from today has EUR 135.00 price target on BDT.
This stock rating upgrade is well-received by equity trades, as ETR:BDT is right now trading 2.89% higher at EUR 95.17 as of 15:13 Frankfurt time. Bertrandt’s stock is down -25.95% over the past 200 days. It has underperformed the S&P 500 Index, which has decreased -13.51% over the same time period.
ETR:BDT Price Chart & Trend
The stock price of Bertrandt has nosedived 25.95% over the last 200 days, and is in strong down trend. In the last 50 and 100 days, Bertrandt is down 17.69% and down 0.21%, respectively. Our stocks momentum model is shown on the price chart below.
Source: RightEdge Systems, Yahoo Split & Dividend Adjusted Data and OctaFinance Trading Models
Bertrandt (ETR:BDT) Profile
Bertrandt AG is a Germany-based company that develops individual solutions for the international automotive and aviation industries in Europe, China and the United States. It provides technical and commercial services throughout Germany in sectors such as electrical engineering, energy, mechanical engineering and medical technology. The Company’s services include all process steps in the project phases of conceptual design, product design, development, modeling, tool production, vehicle construction and production planning right through to start of production and production support.
Bertrandt (ETR:BDT) traded up 2.89% on 11 February, hitting EUR 95.17. A total of 26,620 shares of the company’s stock traded hands. This is down from average of 28,947 shares. Bertrandt has a 52 week low of EUR 87.50 and a 52 week high of EUR 138.7. The company has a market cap of 965.33M EUR and a P/E ratio of 15.32.
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The post Bertrandt (ETR:BDT) Upped at Warburg Research to “Buy” Rating with EUR 135.00 Target Price appeared first on Octafinance.