Befesa stock gains as Jefferies lifts its target to EUR 45

Published on 09/04/2026 at 13:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Befesa stock gains after Jefferies raised its target to EUR 45 and kept a Buy rating. MarketBeat shows EUR 36.05 on Befesa with a market value of EUR 1.47 billion.

Fotorealistischer Blick auf Befesa-Zinkrecyclinganlage mit Drehofen und Arbeitern — Befesa S.A. betreibt in Europa mehrere Anlagen zur Verarbeitung von Stahlstaub zu Zinkoxid, ISIN LU1704650164, Illustration mit AI erstellt.

Befesa stock (ISIN LU1704650164) gained after Jefferies raised its price target to EUR 45 from EUR 43 and kept a Buy rating, according to a Jefferies note reported by Finanznachrichten. MarketBeat showed Befesa at EUR 36.05 on August 21, 2026, with a market capitalization of EUR 1.47 billion and a 52-week range of EUR 23.48 to EUR 37.74.

Target price now matters

The upgrade followed a recent stretch in which MarketBeat said the share price had climbed 22.2 percent from EUR 29.50 on January 1, 2026, to EUR 36.05. That puts the stock EUR 8.95 below Jefferies's new target and EUR 1.69 below the 52-week high of EUR 37.74.

Latest reported figures

MarketBeat lists trailing 12-month earnings per share of EUR 1.36 and net income of EUR 56.43 million, with net margin at 7.30 percent and annual sales at EUR 1.17 billion. It also shows debt-to-equity of 94.36 and a forward P/E ratio of 11.75, which frames the stock as a balance between earnings power and leverage.

Go deeper

Befesa shares and the latest analyst view

A quick path to more background on the company behind the recycling business and the current valuation debate.

Befesa overview Investor Relations

Recycling for steel and aluminum

Befesa's core business is industrial recycling for steel dust and aluminum salt slags, a model tied to steel output and nonferrous metal flows. MarketBeat describes the company as serving steel and aluminum industries across Europe, Asia and North America.

Price and market value

As of August 21, 2026, Befesa stock traded at EUR 36.05 on MarketBeat, with a market capitalization of EUR 1.47 billion and a 52-week range from EUR 23.48 to EUR 37.74. The new Jefferies target of EUR 45 leaves the shares 24.7 percent below that level.