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.
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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