HSBC Analysts Give Fielmann (FRA:FIE) a €70.00 Price Target

HSBC set a €70.00 ($81.40) target price on Fielmann (FRA:FIE) in a research note released on Friday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

Other research analysts also recently issued research reports about the stock. Baader Bank set a €72.00 ($83.72) price target on shares of Fielmann and gave the stock a buy rating in a research report on Tuesday, August 13th. DZ Bank restated a sell rating on shares of Fielmann in a research report on Friday, July 12th. Berenberg Bank set a €57.00 ($66.28) price target on shares of Fielmann and gave the stock a neutral rating in a research report on Wednesday, May 22nd. Hauck & Aufhaeuser set a €41.00 ($47.67) price target on shares of Fielmann and gave the stock a sell rating in a research report on Friday, July 12th. Finally, Kepler Capital Markets set a €50.50 ($58.72) price target on shares of Fielmann and gave the stock a sell rating in a research report on Monday, April 29th. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus target price of €60.41 ($70.24).

Shares of FRA FIE opened at €62.15 ($72.27) 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’s 50 day moving average price is €63.68 and its 200-day moving average price is €61.71.

About Fielmann

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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Analyst Recommendations for Fielmann (FRA:FIE)

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