The upward trend could come to support Bilfinger in the coming sessions.

Moreover, at current price, the company is trading 11.8 times its earnings for this year and thus has a significant potential.

Bilfinger is in bullish trend in the medium and long term. In weekly data, moving averages are well-oriented. In the present configuration, the process is very gradual; however, prices have just begun a consolidation phase. It could be interesting in the coming sessions.

Investor should watch the security close to EUR 70.95 to take advantage of a new upward acceleration in the direction of EUR 74.2. A stop loss is placed under EUR 70.95.