Aroundtown (ETR:AT1) PT Set at €7.20 by The Goldman Sachs Group
The Goldman Sachs Group set a €7.20 ($8.47) price objective on Aroundtown (ETR:AT1) in a research note published on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Other research analysts have also recently issued research reports about the company. Berenberg Bank set a €7.00 ($8.24) price objective on Aroundtown and gave the stock a buy rating in a research report on Thursday, March 25th. Nord/LB set a €6.00 ($7.06) price objective on Aroundtown and gave the stock a neutral rating in a research report on Monday, December 14th. Baader Bank set a €7.25 ($8.53) price objective on Aroundtown and gave the stock a buy rating in a research report on Thursday, March 25th. Morgan Stanley set a €5.50 ($6.47) price objective on Aroundtown and gave the stock a sell rating in a research report on Tuesday, January 5th. Finally, JPMorgan Chase & Co. set a €7.00 ($8.24) price target on Aroundtown and gave the company a neutral rating in a research report on Friday, January 15th. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average target price of €6.84 ($8.05).
AT1 stock opened at €6.43 ($7.56) on Wednesday. The stock’s fifty day simple moving average is €6.10 and its two-hundred day simple moving average is €5.54. The company has a current ratio of 4.25, a quick ratio of 3.24 and a debt-to-equity ratio of 76.79. Aroundtown has a 1-year low of €3.86 ($4.54) and a 1-year high of €6.41 ($7.54). The stock has a market cap of $7.38 billion and a P/E ratio of 13.09.
Aroundtown SA, together with its subsidiaries, operates as a real estate company in Germany, the Netherlands, the United Kingdom, Belgium, and internationally. It invests in commercial and residential real estate properties, such as office, hotel, logistics, wholesale, retail, and other properties. The company was formerly known as Aroundtown Property Holdings PLC and changed its name to Aroundtown SA in September 2017.
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