Brokerages Set Xing Ag (O1BC) PT at $252.57
Shares of Xing Ag (ETR:O1BC) have been given a consensus recommendation of “Buy” by the seven analysts that are currently covering the firm, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is €252.57 ($300.68).
Several analysts have issued reports on the company. Commerzbank Ag set a €240.00 ($285.71) target price on Xing Ag and gave the company a “buy” rating in a report on Monday, August 7th. Berenberg Bank set a €252.00 ($300.00) target price on Xing Ag and gave the company a “neutral” rating in a report on Tuesday, August 15th. Hauck & Aufhaeuser set a €300.00 ($357.14) target price on Xing Ag and gave the company a “buy” rating in a report on Tuesday, August 8th. Warburg Research set a €233.00 ($277.38) target price on Xing Ag and gave the company a “neutral” rating in a report on Tuesday, July 18th. Finally, Deutsche Bank AG set a €260.00 ($309.52) target price on Xing Ag and gave the company a “buy” rating in a report on Tuesday, July 11th.
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Shares of Xing Ag (O1BC) traded down 0.048% during mid-day trading on Wednesday, reaching €265.574. The company had a trading volume of 85 shares. Xing Ag has a 1-year low of €169.94 and a 1-year high of €270.95. The company has a market capitalization of €1.49 billion and a PE ratio of 59.949. The stock’s 50-day moving average price is €256.86 and its 200 day moving average price is €229.28.
About Xing Ag
Xing AG operates professional networking Websites primarily in Germany, Austria, Switzerland, and internationally. It operates through four segments: B2C, B2B E-Recruiting, B2B Advertising & Events, Kununu International. The B2C segment serves XING members who use XING.com, XING Jobs, and kununu.com to network with other professionals for finding a suitable job, obtaining information about employers, or reading about career-related topics.
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