Fielmann (FRA:FIE) received a €70.00 ($81.40) price objective from HSBC in a research note issued on Friday, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the stock. HSBC’s price objective would indicate a potential upside of 11.11% from the stock’s current price.
Other analysts have also recently issued research reports about the stock. Kepler Capital Markets set a €87.00 ($101.16) price objective on shares of Bechtle and gave the company a “neutral” rating in a research note on Monday, April 29th. Berenberg Bank reiterated a “sell” rating and issued a GBX 600 ($7.84) price objective on shares of Great Portland Estates in a research note on Wednesday, May 22nd. Warburg Research set a €47.00 ($54.65) price objective on shares of 1&1 Drillisch and gave the company a “buy” rating in a research note on Tuesday, July 2nd. Baader Bank set a €72.00 ($83.72) price objective on shares of Fielmann and gave the company a “buy” rating in a research note on Wednesday, May 29th. Finally, Independent Research set a €72.00 ($83.72) price objective on shares of Fielmann and gave the company a “neutral” rating in a research note on Thursday. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of €60.41 ($70.24).
Shares of FRA FIE opened at €63.00 ($73.26) on Friday. Fielmann has a 52 week low of €65.50 ($76.16) and a 52 week high of €77.50 ($90.12). The company has a 50-day moving average of €63.68.
Fielmann Aktiengesellschaft invests in and operates optical and hearing aid businesses in Germany, Switzerland, Austria, and internationally. The company designs, manufactures, distributes, and retails visual aids and other optical products, including glasses, frames, lenses, sunglasses, contact lenses, and related articles and accessories, as well as hearing aids and accessories.
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