When it comes to investing in the stock market, there are some little-known stocks such as Bureau Veritas, which are nevertheless interesting to study. We will therefore explain in detail the activity of this company and provide you with indications as to the price and price analysis of the Bureau Veritas share from a technical analysis point of view.
The competition is of course an element to be analyzed closely when trading Bureau Veritas shares, as this stock is very reactive to the various statements made by its competitors, and in particular those made by SGS.
Bureau Veritas is one of those companies that communicates a lot about its strategic objectives. You can use this information to compare these objectives with the group's actual results in order to determine the group's growth capabilities and the level of investor confidence.
The development of Bureau Veritas' positioning in emerging markets such as China and India is also an interesting indicator to take into account.
Finally, we will keep an eye on Bureau Veritas' acquisitions of other companies, particularly in certain strategic geographic areas with high market potential. These investments may also enable Bureau Veritas to expand its portfolio of products and services.
The Bureau Veritas group is currently the world leader in conformity assessment and certification of quality, safety, health, environment and social responsibility. Its activities cover the fields of industry and infrastructure, as well as consumer goods, marine, government services and international trade.
With 1,330 offices worldwide, Bureau Veritas generates most of its profits in Europe and the Middle East.
Photo credits: ©sylv1rob1/123RF.COM
The Bureau Veritas group is currently the world leader in the product inspection and certification market with 5% of the market. However, it also has to fight against some international competitors who are trying to take market share from it. To help you incorporate the news and results of these companies into your analysis of Bureau Veritas stock price, here is the list of its main competitors that you should watch:
(formerly Société Générale de Surveillance), which is a multinational company, headquartered in Geneva, Switzerland, offering services in the fields of control, verification, analysis and certification. With more than 90,000 employees, SGS operates 2,000 offices and laboratories around the world.
which is a multinational inspection, physical testing and certification company based in London, UK. Intertek is listed on the London Stock Exchange and is a member of the FTSE 100 index.
Finally, here are the main recent partnerships set up by Bureau Veritas:
In 2016, Bureau Veritas and Dassault Systèmes, become partners to drive the digital transformation of marine and offshore companies.
Also in 2016, Bureau Veritas and Eurex became partners and formed a specialist team together to offer data verification services coordinated with the tax calendar and advice on the benefit/cost of a relevant CSR approach to large companies.
In 2017, Bureau Veritas, Setec Bâtiment, Agence Coste Architectures and Bouygues Construction, created a partnership to develop new BIM processes. These offer an important innovation as they will allow technical controllers and SPS coordinators to give their opinions directly on digital works. Project managers will also be able to give their opinions on the work, still in digital form and therefore more directly.
Any good trader knows that before buying shares or taking a position on their price in the long term, it is necessary to look at the future prospects of the company that issues them. In the case of Bureau Veritas shares, it is therefore essential to know both the strengths and weaknesses of this group in order to know whether or not its shares will attract investors and therefore whether its price is likely to go down or up.
Currently, the French investment company Wendell is the majority shareholder of Bureau Veritas. This company is controlled by the Wendell family. The Wendell group currently owns 35.57% of the shares in Bureau Veritas and thus holds the majority of the voting rights in this company, including IHS, Constantia Flexibles, Allied Universal, Cromology, Stahl and Tsebo.
The Bureau Veritas Group share is currently listed on compartment A of the Euronext Paris market. However, this stock is of course included in several stock market indices, with the main index being the CAC All Shares. As for the secondary indices, the stock is included in the CAC All Tradable, the CAC Large 60, the CAC Next 20, Euronext 100, Euronext CDP Environnement France EW, Euronext CDP Environnement France Ex Oil, SBF 120 and Stoxx France 50.
To make a good analysis of the Bureau Veritas share price, all you need to do is to use innovative charts such as those offered by the most modern online CFD trading platforms, which allow you to display several technical indicators simultaneously. You will be able to read trend and volatility indicators that will be very useful.
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