Drillisch AG (DRI) Given a €57.00 Price Target by Macquarie Analysts
Drillisch AG (ETR:DRI) has been given a €57.00 ($67.06) target price by analysts at Macquarie in a report released on Thursday. The firm currently has a “neutral” rating on the stock.
A number of other equities research analysts have also commented on the company. Morgan Stanley set a €66.00 ($77.65) price objective on Drillisch AG and gave the stock a “buy” rating in a research report on Friday, July 21st. Barclays PLC set a €70.00 ($82.35) price objective on Drillisch AG and gave the stock a “buy” rating in a research report on Friday, July 7th. HSBC Holdings plc set a €70.00 ($82.35) price objective on Drillisch AG and gave the stock a “buy” rating in a research report on Thursday, July 6th. Kepler Capital Markets set a €64.00 ($75.29) price objective on Drillisch AG and gave the stock a “buy” rating in a research report on Wednesday, July 26th. Finally, DZ Bank AG restated a “buy” rating on shares of Drillisch AG in a research report on Tuesday, July 25th. Three investment analysts have rated the stock with a sell rating, three have given a hold rating and eleven have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of €62.00 ($72.94).
Drillisch AG (ETR DRI) opened at 60.275 on Thursday. The stock’s 50 day moving average is €58.17 and its 200-day moving average is €54.30. Drillisch AG has a 1-year low of €5.25 and a 1-year high of €60.50. The firm has a market cap of €4.15 billion and a P/E ratio of 111.414.
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About Drillisch AG
Drillisch AG, together with its subsidiaries, provides wireless and mobile virtual network services in Germany. The company operates through Online, Offline, and Miscellaneous/Holding segments. It offers mobile voice and data services. The company also provides custom software solutions, maintenance and support services, and holding and mobile services.
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