Bureau Veritas (OTCMKTS:BVRDF) Upgraded at HSBC

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HSBC upgraded shares of Bureau Veritas (OTCMKTS:BVRDF) from a hold rating to a buy rating in a research note released on Monday, The Fly reports.

BVRDF has been the subject of a number of other research reports. Morgan Stanley restated an overweight rating on shares of Bureau Veritas in a research note on Monday, June 8th. Zacks Investment Research lowered shares of Bureau Veritas from a hold rating to a sell rating in a research note on Monday, July 27th. Deutsche Bank reiterated a hold rating on shares of Bureau Veritas in a research note on Wednesday, July 8th. UBS Group reiterated a buy rating on shares of Bureau Veritas in a research note on Wednesday, July 29th. Finally, JPMorgan Chase & Co. reiterated an underweight rating on shares of Bureau Veritas in a research note on Thursday, July 30th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and six have issued a buy rating to the stock. The stock has an average rating of Hold and an average target price of $31.00.

Shares of BVRDF stock opened at $23.20 on Monday. The firm has a market capitalization of $10.36 billion, a PE ratio of 20.35 and a beta of 1.15. The firm has a fifty day simple moving average of $22.52 and a two-hundred day simple moving average of $21.27. The company has a current ratio of 1.67, a quick ratio of 1.67 and a debt-to-equity ratio of 2.45. Bureau Veritas has a 12 month low of $16.91 and a 12 month high of $28.46.

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.

Recommended Story: Beta

The Fly

Analyst Recommendations for Bureau Veritas (OTCMKTS:BVRDF)

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