Adler Real Estate (ETR:ADL) received a €20.00 ($23.26) target price from analysts at Deutsche Bank in a report released on Wednesday. The firm presently has a “buy” rating on the stock. Deutsche Bank’s price objective would suggest a potential upside of 25.31% from the company’s previous close.

ADL has been the subject of a number of other research reports. equinet set a €18.00 ($20.93) target price on shares of Adler Real Estate and gave the stock a “buy” rating in a research report on Thursday, May 24th. Oddo Bhf set a €15.91 ($18.50) target price on shares of Adler Real Estate and gave the stock a “neutral” rating in a research report on Thursday, May 17th. Berenberg Bank set a €17.40 ($20.23) target price on shares of Adler Real Estate and gave the stock a “buy” rating in a research report on Tuesday, June 12th. Finally, DZ Bank reiterated a “buy” rating on shares of Adler Real Estate in a research report on Friday, May 18th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of €17.12 ($19.90).

ADL stock opened at €15.96 ($18.56) on Wednesday. Adler Real Estate has a 12-month low of €11.78 ($13.70) and a 12-month high of €14.51 ($16.87).

Adler Real Estate Company Profile

Until the end of 2017, the business model of ADLER Real Estate AG comprised two fields of activity ? Rental (investment properties) and Trading (inventory properties). Since ADLER ceased its trading activities the focus is solely on rental business. The business model has thus been simplified. From letting the portfolios, ADLER Real Estate AG aims to generate sufficient long-term gross rental income in order to cover all letting-related expenses and prospectively enable the company to pay a dividend to its shareholders.

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Analyst Recommendations for Adler Real Estate (ETR:ADL)

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