Bekaert traded at 40.50 this Thursday March 26th. Looking back, over the last four weeks, Bekaert lost 7.43 percent. Over the last 12 months, its price rose by 13.45 percent. Looking ahead, we forecast Bekaert to be priced at 39.33 by the end of this quarter and at 36.43 in one year, according to Trading Economics global macro models projections and analysts expectations.
NV Bekaert SA is a Belgium-based company, which operates in the field of market and technology solutions for steel wire transformation and coatings. Its products are applied in the automotive, construction, energy and utilities, agricultural, consumer goods, basic materials and equipment industries. Possible applications of the Company's products include, among others: car interior wiring, tire strengthening and drive train springs for the automotive industry; construction reinforcements, overland electricity lines and telecom cables for the energy & utilities sector; surgical and lancet wire for the medical industry; barbed wire, fishing wire and hook wire for the agricultural and fishing industries; wire applications for all kinds of consumer goods such as printing products and packaging; separation materials and industrial yarns for the basic materials industry and wire products for tooling and industrial machinery sector.