Rocket Internet (RKET) Given a €30.00 Price Target at Warburg Research

Warburg Research set a €30.00 ($37.04) price target on Rocket Internet (FRA:RKET) in a report released on Tuesday morning. The firm currently has a buy rating on the stock.

RKET has been the subject of a number of other reports. JPMorgan Chase set a €29.00 ($35.80) price objective on shares of Rocket Internet and gave the stock a buy rating in a research note on Tuesday, February 13th. Berenberg Bank set a €53.00 ($65.43) price objective on shares of Rocket Internet and gave the stock a buy rating in a research note on Monday, February 26th. Citigroup set a €23.00 ($28.40) price objective on shares of Rocket Internet and gave the stock a neutral rating in a research note on Tuesday, December 12th. Finally, Deutsche Bank set a €31.00 ($38.27) price objective on shares of Rocket Internet and gave the stock a buy rating in a research note on Wednesday, March 14th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Buy and a consensus price target of €31.99 ($39.50).

Rocket Internet stock opened at €24.88 ($30.72) on Tuesday. Rocket Internet has a one year low of €15.17 ($18.73) and a one year high of €26.14 ($32.27).

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Rocket Internet Company Profile

Rocket Internet SE is an incubator, private equity, and venture capital firm specializing in incubation, early-stage, growth capital, late venture, later stage, and start-ups in the Fintech sector. The firm seeks to make investments in Internet companies with a focus on online and mobile retail services.

Analyst Recommendations for Rocket Internet (FRA:RKET)

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