Fielmann (FRA:FIE) Given a €70.00 Price Target at HSBC
HSBC set a €70.00 ($81.40) price objective on Fielmann (FRA:FIE) in a research report released on Friday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Other equities research analysts have also issued reports about the company. Hauck & Aufhaeuser set a €41.00 ($47.67) price objective on Fielmann and gave the company a sell rating in a research note on Friday, July 12th. Berenberg Bank set a €57.00 ($66.28) price objective on Fielmann and gave the company a neutral rating in a research note on Wednesday, May 22nd. Independent Research set a €72.00 ($83.72) price objective on Fielmann and gave the company a neutral rating in a research note on Thursday, July 11th. DZ Bank reaffirmed a sell rating on shares of Fielmann in a research note on Friday, July 12th. Finally, Kepler Capital Markets set a €50.50 ($58.72) price objective on Fielmann and gave the company a sell rating in a research note on Monday, April 29th. Three investment analysts have rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company. Fielmann presently has a consensus rating of Hold and an average target price of €60.41 ($70.24).
FRA:FIE opened at €62.15 ($72.27) on Friday. Fielmann has a 1 year low of €65.50 ($76.16) and a 1 year high of €77.50 ($90.12). The business has a 50 day simple moving average of €63.68 and a 200-day simple moving average of €61.71.
Fielmann Aktiengesellschaft invests in and operates optical and hearing aid businesses in Germany, Switzerland, Austria, and internationally. The company designs, manufactures, distributes, and retails visual aids and other optical products, including glasses, frames, lenses, sunglasses, contact lenses, and related articles and accessories, as well as hearing aids and accessories.
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