Independent Research set a €135.00 ($156.98) target price on Hochtief (FRA:HOT) in a research report sent to investors on Friday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Several other research firms also recently issued reports on HOT. Kepler Capital Markets set a €11.00 ($12.79) target price on E.On and gave the company a buy rating in a research report on Monday, May 13th. Nord/LB set a €45.00 ($52.33) price target on shares of RTL Group and gave the company a neutral rating in a report on Monday, June 3rd. Bank of America set a $64.00 price target on shares of Verizon Communications and gave the company a buy rating in a report on Tuesday, April 23rd. Oddo Bhf set a €128.00 ($148.84) price target on shares of Hochtief and gave the company a neutral rating in a report on Tuesday, May 21st. Finally, Macquarie set a €158.00 ($183.72) price target on shares of Hochtief and gave the company a buy rating in a report on Monday, May 13th. Seven investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Hochtief currently has a consensus rating of Hold and an average target price of €145.46 ($169.14).
FRA HOT opened at €97.95 ($113.90) on Friday. The firm has a fifty day moving average price of €107.42. Hochtief has a 1 year low of €128.00 ($148.84) and a 1 year high of €175.00 ($203.49).
HOCHTIEF Aktiengesellschaft engages in the construction business worldwide. The company operates through HOCHTIEF Americas, HOCHTIEF Asia Pacific, and HOCHTIEF Europe divisions. The HOCHTIEF Americas division provides building and infrastructure construction services primarily in the United States and Canada, including public buildings, office properties, sports facilities, educational and healthcare properties, transportation infrastructure, hydroelectric power stations, and dams.
See Also: Yield Curve
Receive News & Ratings for Hochtief Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hochtief and related companies with MarketBeat.com's FREE daily email newsletter.