Jefferies cuts target for Befesa stock to EUR 44.00

Published on 10/14/2026 at 16:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 3.76 percent to EUR 304.28 million. Befesa stock costs EUR 34.58 on October 14, 2026, 0.52 percent above the October 13 Xetra close.

Analyst view and market measures

In research dated October 12, 2026, Jefferies reduced its target from EUR 45.00 to EUR 44.00 while keeping a Buy rating.
Second-quarter 2026 revenue rose 3.76 percent year over year to EUR 304.28 million.
Befesa stock costs EUR 34.58 at Lang & Schwarz on October 14, 2026 at 4:49 p.m. CEST, 0.52 percent above the Xetra close of October 13, 2026.
The price-to-earnings ratio was 16.12 and market capitalization was EUR 1.4 billion on October 14, 2026.

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 (ISIN LU1704650164) is trading at EUR 34.58 at Lang & Schwarz on October 14, 2026 at 4:49 p.m. CEST, 0.52 percent above the Xetra close of October 13, 2026 at EUR 34.40. In research dated October 12, 2026, Jefferies cut its target from EUR 45.00 to EUR 44.00 but kept its Buy rating, according to finanzen.net. The EUR 44.00 target lies 27.24 percent above the Lang & Schwarz price.

Revenue reaches EUR 304.28 million

Befesa reported revenue of EUR 304.28 million for the second quarter of 2026, compared with EUR 293.25 million in the same quarter of 2025. That represents growth of 3.76 percent on an identical year-over-year basis, according to Business Insider.

Stock stays below its yearly high

The current Lang & Schwarz price is EUR 3.52 below the 52-week high of EUR 38.10 and EUR 7.98 above the 52-week low of EUR 26.60. The distance to the high is 9.24 percent, while the distance to the low is 30.00 percent.

On October 13, 2026, Befesa stock was quoted at EUR 34.40 on Xetra before the current Lang & Schwarz indication. The share price therefore sits 0.52 percent above that dated Xetra reference, a smaller move than the 9.24 percent gap to the 52-week high.

Valuation and trading comparison

Befesa had a market capitalization of EUR 1.4 billion and a price-to-earnings ratio of 16.12 on October 14, 2026. The finance data also showed a trailing dividend yield of 0.03 percent.

Comparison with peers

Befesa: plus 0.52 percent, P/E 16.12, market capitalization EUR 1.4 billion.

SMA Solar Technology (Xetra, EUR): minus 0.08 percent, P/E minus 33.03, market capitalization EUR 2.2 billion.

MDAX Performance Index: plus 0.50 percent, index level 30,169.85.

Price remains below the target

Jefferies' EUR 44.00 target is EUR 9.42 above the Lang & Schwarz price, while the 52-week high remains EUR 3.52 higher. The comparison puts the analyst target 27.24 percent above the current euro quotation and the yearly high 9.24 percent above it.

At Lang & Schwarz, Befesa stock was trading at EUR 34.58 on October 14, 2026 at 4:49 p.m. CEST, plus 0.52 percent versus the Xetra close of October 13, 2026 at EUR 34.40. The further course of trading is shown by the continuously updated real-time quote of Befesa stock.