Bureau Veritas (OTCMKTS:BVRDF) Raised to “Buy” at Goldman Sachs Group

Bureau Veritas (OTCMKTS:BVRDF) was upgraded by equities researchers at Goldman Sachs Group from a “neutral” rating to a “buy” rating in a report released on Thursday, The Fly reports.

Several other equities analysts also recently weighed in on BVRDF. UBS Group restated a “buy” rating on shares of Bureau Veritas in a report on Wednesday, July 29th. Zacks Investment Research upgraded shares of Bureau Veritas from a “sell” rating to a “hold” rating in a research note on Tuesday. Deutsche Bank reiterated a “hold” rating on shares of Bureau Veritas in a research note on Wednesday, July 8th. JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Bureau Veritas in a report on Thursday, July 30th. Finally, HSBC upgraded Bureau Veritas from a “hold” rating to a “buy” rating in a research note on Monday, September 14th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $31.00.

OTCMKTS:BVRDF traded up $0.52 during trading hours on Thursday, reaching $22.83. 789 shares of the company traded hands, compared to its average volume of 3,239. The business’s 50-day moving average price is $22.90 and its two-hundred day moving average price is $21.31. The stock has a market capitalization of $9.97 billion, a P/E ratio of 20.03 and a beta of 1.15. Bureau Veritas has a 1 year low of $16.91 and a 1 year high of $28.46. The company has a current ratio of 1.67, a quick ratio of 1.67 and a debt-to-equity ratio of 2.45.

About Bureau Veritas

Bureau Veritas SA provides testing, inspection, and certification services in the areas of quality, health and safety, environmental protection, efficiency, and social responsibility. It operates through six segments: Marine & Offshore, Agri-Food & Commodities, Industry, Buildings & Infrastructure, Certification, and Consumer Products.

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Analyst Recommendations for Bureau Veritas (OTCMKTS:BVRDF)

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