Heidelberger Druckmaschinen (HDD) Given a €2.70 Price Target by Independent Research Analysts

Heidelberger Druckmaschinen (ETR:HDD) has been given a €2.70 ($3.14) target price by investment analysts at Independent Research in a note issued to investors on Thursday. The firm currently has a “buy” rating on the stock. Independent Research’s price objective indicates a potential upside of 46.74% from the company’s previous close.

Other equities research analysts also recently issued research reports about the stock. Berenberg Bank set a €4.00 ($4.65) price target on shares of Heidelberger Druckmaschinen and gave the company a “buy” rating in a research note on Wednesday, August 8th. Commerzbank set a €2.30 ($2.67) price target on shares of Heidelberger Druckmaschinen and gave the company a “neutral” rating in a research note on Wednesday. Baader Bank set a €3.60 ($4.19) price target on shares of Heidelberger Druckmaschinen and gave the company a “buy” rating in a research note on Thursday. Kepler Capital Markets set a €3.30 ($3.84) price target on shares of Heidelberger Druckmaschinen and gave the company a “buy” rating in a research note on Thursday. Finally, Warburg Research set a €3.25 ($3.78) price target on shares of Heidelberger Druckmaschinen and gave the company a “buy” rating in a research note on Tuesday, August 7th. Five investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of €3.06 ($3.56).

Heidelberger Druckmaschinen stock traded down €0.16 ($0.19) during mid-day trading on Thursday, reaching €1.84 ($2.14). 3,093,325 shares of the company’s stock traded hands, compared to its average volume of 1,950,000. Heidelberger Druckmaschinen has a 12-month low of €2.23 ($2.59) and a 12-month high of €3.62 ($4.21).

About Heidelberger Druckmaschinen

Heidelberger Druckmaschinen Aktiengesellschaft provides products, services, consumables, and software solutions for the printing industry in Europe, the Middle East, Africa, Asia/Pacific, North America, South America, and Eastern Europe. The company operates through Heidelberg Digital Technology, Heidelberg Digital Business & Services, and Heidelberg Financial Services segments.

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Analyst Recommendations for Heidelberger Druckmaschinen (ETR:HDD)

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