Bauer (ETR:B5A) PT Set at €18.40 by Independent Research

Bauer (ETR:B5A) received a €18.40 ($21.40) target price from investment analysts at Independent Research in a research report issued to clients and investors on Thursday, September 19th, Borsen Zeitung reports. The firm presently has a “neutral” rating on the stock. Independent Research’s price target suggests a potential upside of 24.66% from the stock’s previous close.

Other analysts also recently issued research reports about the company. Kepler Capital Markets set a €22.00 ($25.58) price target on Bauer and gave the company a “neutral” rating in a research report on Tuesday, June 18th. Warburg Research set a €22.20 ($25.81) target price on Bauer and gave the stock a “neutral” rating in a research report on Thursday, September 19th.

Shares of B5A traded up €0.90 ($1.05) during trading hours on Thursday, reaching €14.76 ($17.16). 36,295 shares of the company’s stock traded hands, compared to its average volume of 71,534. The stock has a market cap of $252.85 million and a PE ratio of 12.82. The company has a current ratio of 1.47, a quick ratio of 0.84 and a debt-to-equity ratio of 91.47. The firm’s 50 day simple moving average is €17.61 and its 200-day simple moving average is €20.29. Bauer has a 12 month low of €11.84 ($13.77) and a 12 month high of €24.75 ($28.78).

About Bauer

BAUER Aktiengesellschaft, together with its subsidiaries, provides services, equipment, and products related to ground and groundwater in Germany and internationally. It operates in three segments: Construction, Equipment, and Resources. The Construction segment engages in the foundation engineering activities.

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