Shares of Meyer Burger Technology AG (OTCMKTS:MYBUF – Get Rating) have earned a consensus recommendation of "Moderate Buy" from the six ratings firms that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating on the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $0.52.
A number of research firms have recently weighed in on MYBUF. Baader Bank upgraded Meyer Burger Technology to a "buy" rating and set a CHF 0.90 target price for the company in a research report on Thursday, October 20th. BNP Paribas began coverage on Meyer Burger Technology in a research report on Thursday, October 6th. They set an "outperform" rating for the company. Jefferies Financial Group assumed coverage on Meyer Burger Technology in a research report on Thursday, November 17th. They set a "buy" rating for the company. UBS Group dropped their price objective on 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, Exane BNP Paribas assumed coverage on Meyer Burger Technology in a report on Thursday, October 6th. They issued an "outperform" rating for the company.
Get Meyer Burger Technology alerts:Meyer Burger Technology Stock Performance
MYBUF stock opened at $0.70 on Tuesday. Meyer Burger Technology has a twelve month low of $0.29 and a twelve month high of $0.73. The business has a fifty day moving average of $0.58 and a 200-day moving average of $0.52.
Meyer Burger Technology Company Profile
(Get Rating)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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