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Eurofins Scientific (OTCMKTS:ERFSF) Downgraded by Hsbc Global Res to "Hold"

Eurofins Scientific logo with Medical background

Eurofins Scientific (OTCMKTS:ERFSF - Get Free Report) was downgraded by Hsbc Global Res from a "strong-buy" rating to a "hold" rating in a report issued on Friday,Zacks.com reports.

A number of other equities analysts have also issued reports on ERFSF. Citigroup reissued a "neutral" rating on shares of Eurofins Scientific in a report on Monday, February 3rd. Berenberg Bank lowered Eurofins Scientific from a "strong-buy" rating to a "hold" rating in a report on Wednesday, January 15th. Barclays lowered Eurofins Scientific from a "strong-buy" rating to a "hold" rating in a report on Friday, January 24th. Finally, Sanford C. Bernstein raised Eurofins Scientific from a "hold" rating to a "strong-buy" rating in a report on Monday, February 3rd. Five analysts have rated the stock with a hold rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold".

View Our Latest Stock Report on Eurofins Scientific

Eurofins Scientific Stock Performance

Shares of ERFSF traded up $1.92 during midday trading on Friday, reaching $61.57. 1,937 shares of the stock were exchanged, compared to its average volume of 1,764. The business's 50-day moving average price is $54.70 and its 200 day moving average price is $52.28. The company has a quick ratio of 1.34, a current ratio of 1.42 and a debt-to-equity ratio of 0.64. Eurofins Scientific has a twelve month low of $44.61 and a twelve month high of $67.18.

About Eurofins Scientific

(Get Free Report)

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

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