Adler Real Estate (ADL) PT Set at €16.20 by Berenberg Bank
Adler Real Estate (ETR:ADL) has been given a €16.20 ($20.00) price target by research analysts at Berenberg Bank in a research report issued on Monday. The firm currently has a “buy” rating on the stock. Berenberg Bank’s price objective indicates a potential upside of 21.08% from the stock’s current price.
Several other analysts also recently weighed in on the company. Jefferies Group set a €14.00 ($17.28) target price on Adler Real Estate and gave the company a “neutral” rating in a research note on Thursday, February 8th. HSBC set a €19.00 ($23.46) target price on Adler Real Estate and gave the company a “buy” rating in a research note on Tuesday, January 23rd. equinet set a €15.20 ($18.77) target price on Adler Real Estate and gave the company a “buy” rating in a research note on Thursday, November 30th. DZ Bank restated a “buy” rating on shares of Adler Real Estate in a research note on Tuesday, November 21st. Finally, Oddo Bhf set a €15.91 ($19.64) target price on Adler Real Estate and gave the company a “buy” rating in a research note on Thursday, November 16th. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Adler Real Estate has an average rating of “Buy” and a consensus target price of €15.96 ($19.70).
Shares of Adler Real Estate (ETR ADL) traded up €0.30 ($0.37) during trading on Monday, hitting €13.38 ($16.52). The stock had a trading volume of 198,736 shares, compared to its average volume of 91,550. The firm has a market capitalization of $744.68 and a P/E ratio of 17.38. Adler Real Estate has a 12 month low of €11.78 ($14.54) and a 12 month high of €14.51 ($17.91).
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ADLER Real Estate AG is one of Germany's leading property companies. In recent years, the company has grown rapidly by making acquisitions. ADLER owns almost 50,000 residential units. These are mostly located in northern and western Germany and offer affordable homes to tenants with medium to low incomes.
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