Eurofins Scientific SE (OTCMKTS:ERFSF) Receives $107.50 Average Target Price from Brokerages

Eurofins Scientific SE (OTCMKTS:ERFSF – Get Rating) has been given a consensus recommendation of “Hold” by the eleven brokerages that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $107.50.

A number of brokerages have issued reports on ERFSF. HSBC raised shares of Eurofins Scientific from a “reduce” rating to a “hold” rating in a report on Friday, April 8th. Berenberg Bank raised shares of Eurofins Scientific from a “hold” rating to a “buy” rating in a report on Thursday, February 24th. The Goldman Sachs Group raised shares of Eurofins Scientific from a “neutral” rating to a “buy” rating in a report on Thursday, February 3rd. Credit Suisse Group reduced their target price on Eurofins Scientific from €125.00 ($134.41) to €110.00 ($118.28) and set an “outperform” rating on the stock in a research note on Thursday, February 24th. Finally, Jefferies Financial Group cut Eurofins Scientific from a “buy” rating to a “hold” rating in a research note on Monday, January 10th.

Eurofins Scientific stock opened at $93.75 on Wednesday. Eurofins Scientific has a 12 month low of $87.80 and a 12 month high of $151.96. The company has a current ratio of 1.25, a quick ratio of 1.17 and a debt-to-equity ratio of 0.53. The business’s 50 day simple moving average is $98.79 and its 200 day simple moving average is $109.00.

Eurofins Scientific Company Profile (Get Rating)

Eurofins Scientific SE, together with its subsidiaries, provides various analytical testing and laboratory services worldwide. The company offers a portfolio of approximately 200,000 analytical methods to evaluate the safety, identity, composition, authenticity, origin, traceability, and purity of various products.

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