Shares of Befesa SA (ETR:BFSA) reached a new 52-week low during trading on Thursday . The stock traded as low as €34.25 ($39.83) and last traded at €34.35 ($39.94), with a volume of 66876 shares changing hands. The stock had previously closed at €35.00 ($40.70).

Several analysts have recently commented on BFSA shares. Berenberg Bank set a €55.00 ($63.95) price target on shares of Befesa and gave the company a “buy” rating in a research note on Friday, March 1st. JPMorgan Chase & Co. set a €44.00 ($51.16) price target on shares of Befesa and gave the company a “buy” rating in a research note on Tuesday, February 26th. Finally, Goldman Sachs Group set a €40.00 ($46.51) price target on shares of Befesa and gave the company a “neutral” rating in a research note on Thursday, April 11th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of €51.80 ($60.23).

The company has a current ratio of 2.38, a quick ratio of 2.01 and a debt-to-equity ratio of 181.93. The company has a market cap of $1.12 billion and a P/E ratio of 12.39.

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Befesa Company Profile (ETR:BFSA)

Befesa SA, a services company, offers waste management solutions. It operates through Steel Dust Recycling Services and Aluminium Salt Slags Recycling Services segments. The Steel Dust Recycling Services segment collects and recycles steel dust and other steel residues generated in the production of crude, stainless, and galvanized steel; and produces waelz oxide and other metals.

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