HSBC Reiterates “€21.00” Price Target for Adler Real Estate (ETR:ADL)

HSBC set a €21.00 ($24.42) price objective on Adler Real Estate (ETR:ADL) in a research note published on Monday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

Several other equities analysts have also recently weighed in on the company. Berenberg Bank set a €70.95 ($82.50) price objective on Fresenius SE & Co KGaA and gave the company a buy rating in a research note on Thursday, May 2nd. Oddo Bhf set a €20.00 ($23.26) price objective on TAG Immobilien and gave the company a neutral rating in a research note on Wednesday, June 19th. DZ Bank restated a neutral rating on shares of Gerresheimer in a research note on Thursday, July 11th. Finally, Deutsche Bank raised their price objective on Welltower from $61.00 to $71.00 and gave the company a hold rating in a research note on Friday, March 29th. Seven research analysts have rated the stock with a buy rating, Adler Real Estate presently has a consensus rating of Buy and an average target price of €18.72 ($21.77).

Shares of ETR:ADL opened at €12.00 ($13.95) on Monday. The company has a current ratio of 1.66, a quick ratio of 0.30 and a debt-to-equity ratio of 228.05. The company’s fifty day moving average is €12.08. Adler Real Estate has a 1-year low of €11.08 ($12.88) and a 1-year high of €16.10 ($18.72). The company has a market cap of $821.77 million and a PE ratio of 3.18.

Adler Real Estate Company Profile

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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Analyst Recommendations for Adler Real Estate (ETR:ADL)

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