Befesa stock gains on Jefferies target hike while staying below 37 euros

Published on 09/01/2026 at 22:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Befesa stock trades under the 37 euro mark in the SDAX, with Jefferies raising its price target to 45 euros. Investors focus on the recycling group’s latest margin and earnings trends.

Schwarz-Weiß-Reportagefoto von Arbeitern an Befesa-Industrieanlage mit Dampf und Staub — Befesa S.A. dokumentarisch festgehalten beim Betrieb schwerer Industriemaschinen für Metallrecycling, ISIN LU1704650164, Illustration mit AI erstellt.

Befesa stock (ISIN LU1704650164) is trading around 36.90 euros on Tradegate as of September 1, 2026, leaving the recycling specialist below the 37 euro level despite a fresh analyst target hike.

Jefferies lifts target for Befesa

According to a recommendation summary reported by Finanznachrichten on September 1, 2026, Jefferies has reiterated its Buy rating on Befesa and raised the price target from 43 to 45 euros.

With Befesa shares quoted at about 36.90 euros as of September 1, 2026, the new Jefferies target implies an upside of a little more than 8 euros per share compared with the current level, underlining that analysts still see value in the SDAX-listed recycling group.

Stock holds in SDAX range

Market data compiled by Finanznachrichten shows Befesa trading at around 36.15 to 36.90 euros on September 1, 2026, with daily moves between minus 2.03 percent and plus 0.54 percent, indicating moderate volatility around the mid-30-euro band.

At this price level, Befesa remains clearly below the 45-euro target now set by Jefferies, which may support the stock if upcoming quarterly figures confirm the recycling specialist’s earnings resilience.

Go deeper

More on Befesa as an SDAX recycling stock

Read additional reporting, chart data and background on Befesa via our topic overview and the company’s investor relations page.

Befesa articles and quotes Investor Relations

Befesa’s recycling services underpin demand

Befesa, headquartered in Luxembourg, focuses on recycling services for steel and aluminum industries, processing hazardous residues such as steel dust and salt slags to recover metals and produce usable materials.

These services help steel mills and aluminum smelters reduce waste and comply with environmental regulation while improving resource efficiency, making Befesa an important partner for industrial clients in Europe and beyond.

Befesa stock price and trading venue

Based on recent market data from Finanznachrichten, Befesa stock is quoted around 36.90 euros on Tradegate as of September 1, 2026, with the shares also represented in the SDAX index, which anchors the stock in the German small and mid cap universe.