Meyer Burger Technology AG (OTCMKTS:MYBUF – Get Rating) has received a consensus recommendation of "Hold" from the seven ratings firms that are presently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating on the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $0.52.
MYBUF has been the topic of several recent research reports. The Goldman Sachs Group assumed coverage on shares of Meyer Burger Technology in a research report on Sunday, February 5th. They issued a "buy" rating on the stock. BNP Paribas cut Meyer Burger Technology from an "outperform" rating to a "neutral" rating in a report on Monday, March 6th.
Get Meyer Burger Technology alerts:Meyer Burger Technology Price Performance
MYBUF opened at $0.58 on Wednesday. The company's 50 day moving average is $0.67 and its 200 day moving average is $0.56. Meyer Burger Technology has a 12-month low of $0.36 and a 12-month high of $0.78.
About Meyer Burger Technology
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Meyer Burger Technology AG engages in the development of systems and production equipment for the solar photovoltaic market. It operates through the following segments: Modules, Photovoltaics, and Specialized Technologies. The Modules segment manufactures solar cells and modules. The Photovoltaics segment includes the processing of solar cells, solar modules and solar systems with its portfolio of systems, production equipment and services.
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