Meyer Burger Technology AG (OTCMKTS:MYBUF – Get Rating) has earned a consensus recommendation of "Hold" from the seven analysts that are presently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price target among brokerages that have covered the stock in the last year is $0.52.
MYBUF has been the subject of a number of recent research reports. The Goldman Sachs Group initiated coverage on shares of Meyer Burger Technology in a research report on Sunday, February 5th. They issued a "buy" rating for the company. BNP Paribas downgraded Meyer Burger Technology from an "outperform" rating to a "neutral" rating in a research note on Monday, March 6th.
Get Meyer Burger Technology alerts:Meyer Burger Technology Price Performance
The stock's 50 day moving average is $0.67 and its two-hundred day moving average is $0.56. Meyer Burger Technology has a 52-week low of $0.36 and a 52-week 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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