Berenberg Bank Analysts Give Aroundtown (ETR:AT1) a €9.20 Price Target

Aroundtown (ETR:AT1) has been given a €9.20 ($10.70) price target by research analysts at Berenberg Bank in a research note issued on Thursday, March 28th, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. Berenberg Bank’s target price would indicate a potential upside of 28.85% from the company’s current price.

A number of other brokerages have also commented on AT1. Deutsche Bank set a €9.50 ($11.05) price target on Aroundtown and gave the company a “buy” rating in a research note on Tuesday, March 19th. Commerzbank set a €8.90 ($10.35) price objective on Aroundtown and gave the stock a “buy” rating in a research report on Monday, December 3rd. HSBC set a €9.00 ($10.47) price objective on Aroundtown and gave the stock a “buy” rating in a research report on Wednesday, March 20th. Jefferies Financial Group set a €8.50 ($9.88) price objective on Aroundtown and gave the stock a “buy” rating in a research report on Tuesday, January 29th. Finally, Nord/LB set a €7.55 ($8.78) price objective on Aroundtown and gave the stock a “neutral” rating in a research report on Thursday, January 3rd. Two analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. Aroundtown has an average rating of “Buy” and a consensus target price of €8.58 ($9.98).

AT1 stock remained flat at $€7.14 ($8.30) during trading hours on Thursday. The company’s stock had a trading volume of 2,566,303 shares, compared to its average volume of 3,550,000. The company has a market cap of $8.00 billion and a PE ratio of 4.79. Aroundtown has a 1 year low of €6.32 ($7.34) and a 1 year high of €7.92 ($9.20). The company has a quick ratio of 3.09, a current ratio of 3.47 and a debt-to-equity ratio of 75.79.

Aroundtown Company Profile

Aroundtown SA, together with its subsidiaries, operates as a real estate investment company primarily in Germany and the Netherlands. 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.

Further Reading: Percentage Decliners

Analyst Recommendations for Aroundtown (ETR:AT1)

Receive News & Ratings for Aroundtown Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aroundtown and related companies with MarketBeat.com's FREE daily email newsletter.