▲ +1.69% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Befesa in the last 3 months. The average price target is €54.00, with a high forecast of €68.00 and a low forecast of €42.00. The average price target represents a 1.69% upside from the last price of €53.10.
The current consensus among 3 polled investment analysts is to buy stock in Befesa. This Buy consensus rating has held steady for over two years.
Befesa S.A., a recycling services company, offers waste management solutions. It operates through two segments, Steel Dust Recycling Services and Aluminium Salt Slags Recycling Services. The Steel Dust Recycling Services segment collects and recycles steel dust and other steel residues generated in the production of crude, stainless, and galvanized steel. The Aluminium Salt Slags Recycling Services segment recycles salt slags and spent pot linings; and recovers and sells salt, aluminum concentrate, and aluminum oxides. This segment also collects and recycles aluminum scrap and other aluminum residues, such as aluminium drosses, shavings, and cuttings; and produces secondary aluminum alloys for automotive and construction industries. The company also offers logistics and waelz oxide treatment services; develops projects and technology; and operates as a marketing company. It has operations in Spain, Germany, France, the United Kingdom, rest of Europe, South Korea, and internationally. The company was founded in 1987 and is based in Luxembourg City, Luxembourg.