Bureau Veritas (OTCMKTS:BVRDF) Reaches New 1-Year High – Still a Buy?

Bureau Veritas SA (OTCMKTS:BVRDF) reached a new 52-week high on Tuesday . The stock traded as high as $32.15 and last traded at $32.15, with a volume of 0 shares trading hands. The stock had previously closed at $32.15.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on BVRDF. JPMorgan Chase & Co. downgraded Bureau Veritas from an “overweight” rating to a “neutral” rating in a research note on Wednesday, October 2nd. The Goldman Sachs Group raised Bureau Veritas to a “strong-buy” rating in a research report on Tuesday, October 1st.

Bureau Veritas Price Performance

The business’s 50 day moving average is $29.78 and its 200-day moving average is $29.54.

Bureau Veritas Company Profile

Bureau Veritas SA provides laboratory testing, inspection, and certification services. It operates through six segments: Marine & Offshore; Agri-Food & Commodities; Buildings & Infrastructure; Industry; Certification; and Consumer Products. The company engages in inspecting, analyzing, auditing, and certifying the products, assets, and management systems of its clients in relation to regulatory or self-imposed standards, as well as issues compliance reports.