Adler Real Estate AG (ETR:ADL) Receives Average Rating of “Buy” from Brokerages

Adler Real Estate AG (ETR:ADL) has been given a consensus recommendation of “Buy” by the seven research firms that are presently covering the company, MarketBeat Ratings reports. Seven analysts have rated the stock with a buy recommendation. The average 12 month price objective among brokers that have covered the stock in the last year is €18.72 ($21.77).

ADL has been the subject of several recent analyst reports. HSBC set a €54.00 ($62.79) price objective on shares of ADO Properties and gave the company a “neutral” rating in a research note on Wednesday, May 29th. Oddo Bhf set a €20.00 ($23.26) price objective on shares of TAG Immobilien and gave the company a “neutral” rating in a research note on Wednesday, June 19th. Deutsche Bank increased their price target on shares of Welltower from $61.00 to $71.00 and gave the stock a “hold” rating in a research note on Friday, March 29th. Berenberg Bank set a €70.95 ($82.50) price target on shares of Fresenius SE & Co KGaA and gave the stock a “buy” rating in a research note on Thursday, May 2nd. Finally, DZ Bank reissued a “neutral” rating on shares of Gerresheimer in a research note on Thursday.

ETR ADL traded up €0.12 ($0.14) during trading on Friday, hitting €12.14 ($14.12). 95,926 shares of the company’s stock traded hands, compared to its average volume of 98,380. The business’s fifty day moving average price is €12.19. The company has a debt-to-equity ratio of 228.05, a quick ratio of 0.30 and a current ratio of 1.66. Adler Real Estate has a 12-month low of €11.08 ($12.88) and a 12-month high of €16.10 ($18.72). The firm has a market cap of $831.35 million and a price-to-earnings ratio of 3.22.

About Adler Real Estate

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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