Kepler Capital Markets Reiterates €17.50 Price Target for Adler Real Estate (ETR:ADL)
Kepler Capital Markets set a €17.50 ($20.35) price target on Adler Real Estate (ETR:ADL) in a research note issued to investors on Wednesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Other analysts have also issued research reports about the company. DZ Bank reissued a buy rating on shares of Adler Real Estate in a report on Wednesday, August 14th. Berenberg Bank set a €17.40 ($20.23) target price on Adler Real Estate and gave the company a buy rating in a report on Tuesday, August 27th. Deutsche Bank set a €20.00 ($23.26) target price on Adler Real Estate and gave the company a buy rating in a report on Thursday, August 15th. HSBC set a €21.00 ($24.42) target price on Adler Real Estate and gave the company a buy rating in a report on Monday, July 15th. Finally, Oddo Bhf set a €15.91 ($18.50) target price on Adler Real Estate and gave the company a buy rating in a report on Wednesday, June 19th. Seven analysts have rated the stock with a buy rating, The stock currently has a consensus rating of Buy and an average target price of €18.64 ($21.67).
Adler Real Estate stock opened at €11.54 ($13.42) on Wednesday. The company has a debt-to-equity ratio of 221.29, a quick ratio of 0.63 and a current ratio of 2.12. The firm has a market capitalization of $790.26 million and a price-to-earnings ratio of 2.83. Adler Real Estate has a fifty-two week low of €10.60 ($12.33) and a fifty-two week high of €15.88 ($18.47). The stock’s fifty day moving average is €11.86 and its two-hundred day moving average is €12.45.
ADLER Real Estate AG is one of the leading real estate companies in Germany. In recent years, the company has grown rapidly through acquisitions – most recently through the acquisition of almost 70 percent of the shares in Brack Capital Properties NV ADLER now holds more than 62,000 residential units , which are mainly located in the north and west of Germany and offer tenants with medium to low income an affordable home.
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