JPMorgan Chase & Co. Analysts Give Aroundtown (ETR:AT1) a €8.75 Price Target

Aroundtown (ETR:AT1) received a €8.75 ($10.17) price objective from analysts at JPMorgan Chase & Co. in a note issued to investors on Thursday, March 28th, Borsen Zeitung reports. The brokerage currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price objective would indicate a potential upside of 22.55% from the company’s previous close.

AT1 has been the topic of several other research reports. Goldman Sachs Group set a €8.20 ($9.53) target price on shares of Aroundtown and gave the company a “buy” rating in a research note on Thursday, March 28th. Hauck & Aufhaeuser set a €8.85 ($10.29) price target on Aroundtown and gave the company a “buy” rating in a report on Thursday, November 29th. Jefferies Financial Group set a €8.50 ($9.88) price target on Aroundtown and gave the company a “buy” rating in a report on Monday, February 4th. Nord/LB set a €7.55 ($8.78) price target on Aroundtown and gave the company a “neutral” rating in a report on Thursday, January 3rd. Finally, Berenberg Bank set a €9.20 ($10.70) price target on Aroundtown and gave the company a “buy” rating in a report on Wednesday, January 2nd. Two research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of €8.58 ($9.98).

AT1 remained flat at $€7.14 ($8.30) during trading on Thursday. 2,566,303 shares of the company’s stock were exchanged, compared to its average volume of 3,550,000. 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 debt-to-equity ratio of 75.79, a current ratio of 3.47 and a quick ratio of 3.09. The firm has a market capitalization of $8.00 billion and a P/E ratio of 4.79.

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.

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Analyst Recommendations for Aroundtown (ETR:AT1)

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