Meyer Burger Technology AG (OTCMKTS:MYBUF – Get Rating) has earned a consensus recommendation of "Moderate Buy" from the six ratings firms that are covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $0.52.

A number of equities research analysts have weighed in on the stock. Jefferies Financial Group assumed coverage on shares of Meyer Burger Technology in a research report on Thursday, November 17th. They set a "buy" rating for the company. Exane BNP Paribas assumed coverage on shares of Meyer Burger Technology in a report on Thursday, October 6th. They issued an "outperform" rating for the company. BNP Paribas assumed coverage on shares of Meyer Burger Technology in a report on Thursday, October 6th. They issued an "outperform" rating for the company. UBS Group dropped their price objective on shares of Meyer Burger Technology from CHF 0.46 to CHF 0.42 and set a "neutral" rating for the company in a report on Thursday, November 3rd. Finally, Baader Bank upgraded shares of Meyer Burger Technology to a "buy" rating and set a CHF 0.90 price objective for the company in a report on Thursday, October 20th.

Meyer Burger Technology Trading Up 4.4 %

Shares of MYBUF opened at $0.59 on Monday. Meyer Burger Technology has a 1-year low of $0.29 and a 1-year high of $0.65. The firm has a 50-day simple moving average of $0.47 and a two-hundred day simple moving average of $0.48.

Meyer Burger Technology Company Profile

Meyer Burger Technology AG, a technology company, produces and sells solar cells and modules primarily in Switzerland. It operates through Photovoltaics and Modules segments. The company offers its products based on proprietary Heterojunction/SmartWire technologies. It also operates in Switzerland, Germany, rest of Europe, Asia, the United States, and internationally.

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