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Jefferies Sticks to Its Buy Rating for Meyer Burger Technology AG (MYBUF)
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Jefferies Sticks to Its Buy Rating for Meyer Burger Technology AG (MYBUF)

Jefferies analyst Constantin Hesse maintained a Buy rating on Meyer Burger Technology AG (MYBUFResearch Report) on December 21 and set a price target of CHF0.75. The company’s shares closed last Friday at $0.22.

According to TipRanks, Hesse is ranked #6076 out of 8610 analysts.

Currently, the analyst consensus on Meyer Burger Technology AG is a Moderate Buy with an average price target of $0.88.

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The company has a one-year high of $0.78 and a one-year low of $0.18. Currently, Meyer Burger Technology AG has an average volume of 30.93K.

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Meyer Burger Technology AG (MYBUF) Company Description:

Meyer Burger Technology AG engages in the development, production, and distribution of semiconductor technologies with a focus on photovoltaics. It operates through Photovoltaics and Specialised Technologies segments. The Photovoltaics segment refers to the processes of wafering, solar cells, solar modules and solar systems with its portfolio of systems, production equipment and services. The Specialised Technologies segment uses technologies that are successfully deployed in photovoltaics, particularly in the field of applying and removing layers on different substrates and materials as well as for slicing crystalline and other hard and brittle materials, for other high-tech sectors. The company was founded in 1953 and is headquartered in Gwatt, Switzerland.

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