Warburg Research Analysts Give Draegerwerk AG & Co KGaA (ETR:DRW3) a €57.00 Price Target

Draegerwerk AG & Co KGaA (ETR:DRW3) received a €57.00 ($66.28) target price from Warburg Research in a research report issued to clients and investors on Tuesday, October 16th. The brokerage presently has a “neutral” rating on the stock. Warburg Research’s price objective would suggest a potential upside of 9.83% from the stock’s previous close.

A number of other brokerages also recently commented on DRW3. Hauck & Aufhaeuser set a €55.00 ($63.95) target price on shares of Draegerwerk AG & Co KGaA and gave the stock a “sell” rating in a research note on Tuesday, July 31st. Deutsche Bank set a €58.00 ($67.44) target price on shares of Draegerwerk AG & Co KGaA and gave the stock a “neutral” rating in a research note on Tuesday, October 16th. Independent Research set a €70.00 ($81.40) target price on shares of Draegerwerk AG & Co KGaA and gave the stock a “neutral” rating in a research note on Friday, August 3rd. HSBC set a €41.00 ($47.67) target price on shares of Draegerwerk AG & Co KGaA and gave the stock a “sell” rating in a research note on Tuesday, October 16th. Finally, Nord/LB set a €72.00 ($83.72) target price on shares of Draegerwerk AG & Co KGaA and gave the stock a “neutral” rating in a research note on Monday, September 10th. Four investment analysts have rated the stock with a sell rating and five have assigned a hold rating to the stock. Draegerwerk AG & Co KGaA has an average rating of “Hold” and an average price target of €55.56 ($64.61).

ETR:DRW3 traded up €2.18 ($2.53) during mid-day trading on Tuesday, hitting €51.90 ($60.35). 52,147 shares of the stock traded hands, compared to its average volume of 33,804. Draegerwerk AG & Co KGaA has a 52 week low of €69.80 ($81.16) and a 52 week high of €107.00 ($124.42).

About Draegerwerk AG & Co KGaA

Drägerwerk AG & Co KGaA develops equipment and solutions in the fields of medical and safety technology in Europe, Americas, Africa, Asia, and Australia. The company develops, produces, and markets system solutions, equipment, and services for acute point of care, including emergency care, perioperative care, critical care, and perinatal care.

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Analyst Recommendations for Draegerwerk AG & Co KGaA (ETR:DRW3)

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