Deutsche Bank Reiterates “€46.00” Price Target for Draegerwerk AG & Co KGaA (ETR:DRW3)

Deutsche Bank set a €46.00 ($53.49) price target on Draegerwerk AG & Co KGaA (ETR:DRW3) in a research report released on Wednesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

Several other research analysts have also weighed in on DRW3. Nord/LB set a €45.00 ($52.33) price objective on Draegerwerk AG & Co KGaA and gave the stock a neutral rating in a research report on Friday, April 26th. Independent Research set a €47.00 ($54.65) price objective on Draegerwerk AG & Co KGaA and gave the stock a sell rating in a research report on Wednesday, July 17th. HSBC set a €44.00 ($51.16) target price on Draegerwerk AG & Co KGaA and gave the company a neutral rating in a research note on Tuesday, April 16th. Warburg Research set a €49.00 ($56.98) target price on Draegerwerk AG & Co KGaA and gave the company a neutral rating in a research note on Thursday, August 8th. Finally, Hauck & Aufhaeuser set a €38.00 ($44.19) target price on Draegerwerk AG & Co KGaA and gave the company a neutral rating in a research note on Wednesday. Two research analysts have rated the stock with a sell rating and five have given a hold rating to the company. The stock currently has a consensus rating of Hold and an average price target of €44.57 ($51.83).

Shares of ETR:DRW3 opened at €39.94 ($46.44) on Wednesday. The business has a fifty day simple moving average of €49.32 and a 200 day simple moving average of €49.06. Draegerwerk AG & Co KGaA has a 12-month low of €42.08 ($48.93) and a 12-month high of €73.00 ($84.88). The company has a quick ratio of 1.17, a current ratio of 1.98 and a debt-to-equity ratio of 20.16. The firm has a market cap of $303.54 million and a P/E ratio of 16.14.

Draegerwerk AG & Co KGaA Company Profile

Drägerwerk AG & Co KGaA develops equipment and solutions in the fields of medical and safety technology in Europe, Americas, Africa, Asia, and Australia. The company develops, produces, and markets system solutions, equipment, and services for acute point of care, including emergency care, perioperative care, critical care, and perinatal care.

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Analyst Recommendations for Draegerwerk AG & Co KGaA (ETR:DRW3)

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