Analyst Price Target is €71.00
▲ +0.71% 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 €71.00, with a high forecast of €79.00 and a low forecast of €57.00. The average price target represents a 0.71% upside from the last price of €70.50.
Current Consensus is
Hold
The current consensus among 3 contributing investment analysts is to hold stock in Befesa. This rating has held steady since February 2021, when it changed from a Buy consensus rating.
Befesa S.A. provides environmental recycling services to the steel and aluminum industries in European and Asian markets. 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, a hazardous residue generated by primary aluminum producers; and recovers and sells salt, aluminum concentrate, and aluminum oxides. This segment also collects and recycles aluminum scrap and other aluminum residues, such as aluminum dross, 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. Befesa S.A. was founded in 1987 and is based in Luxembourg City, Luxembourg.
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