Brokerages Set Xing SE (ETR:O1BC) Price Target at €311.67

Xing SE (ETR:O1BC) has received an average rating of “Hold” from the six research firms that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have covered the stock in the last year is €311.67 ($362.40).

A number of brokerages have weighed in on O1BC. Deutsche Bank set a €335.00 ($389.53) price target on Xing and gave the stock a “neutral” rating in a research note on Tuesday, April 9th. Berenberg Bank set a €300.00 ($348.84) target price on Xing and gave the stock a “sell” rating in a research report on Friday, May 10th. Finally, Warburg Research set a €330.00 ($383.72) target price on Xing and gave the stock a “neutral” rating in a research report on Monday, May 6th.

Shares of Xing stock traded down €16.30 ($18.95) during trading hours on Friday, reaching €326.00 ($379.07). 5,789 shares of the company’s stock were exchanged, compared to its average volume of 7,187. Xing has a 52-week low of €326.00 ($379.07) and a 52-week high of €380.50 ($442.44). The company has a market capitalization of $1.83 billion and a price-to-earnings ratio of 54.33. The company’s fifty day moving average is €357.91. The company has a debt-to-equity ratio of 12.14, a current ratio of 0.82 and a quick ratio of 0.76.

Xing Company Profile

Xing SE operates professional networking Websites primarily in Germany, Austria, Switzerland, and internationally. It operates through four segments: B2C, B2B E-Recruiting, B2B Advertising & Events, and Kununu International. The B2C segment serves XING members who use XING.com, XING Jobs, and kununu.com to network with other professionals for finding a suitable job, obtaining information about employers, or reading about career-related topics.

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Analyst Recommendations for Xing (ETR:O1BC)

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