ADO Properties SA (ADJ) Receives €53.24 Average Price Target from Brokerages

ADO Properties SA (ETR:ADJ) has earned a consensus rating of “Hold” from the eight brokerages that are currently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating on the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is €53.24 ($61.90).

A number of brokerages have recently weighed in on ADJ. UBS Group set a €65.00 ($75.58) price objective on shares of ADO Properties and gave the stock a “buy” rating in a report on Wednesday, August 15th. Credit Suisse Group set a €59.40 ($69.07) price objective on shares of ADO Properties and gave the stock a “buy” rating in a report on Thursday, August 16th. Jefferies Financial Group set a €42.00 ($48.84) price target on shares of ADO Properties and gave the company a “neutral” rating in a report on Wednesday, August 15th. Deutsche Bank set a €54.00 ($62.79) price target on shares of ADO Properties and gave the company a “buy” rating in a report on Tuesday, July 24th. Finally, Hauck & Aufhaeuser set a €60.00 ($69.77) price target on shares of ADO Properties and gave the company a “buy” rating in a report on Wednesday, October 10th.

Shares of ADJ traded up €0.50 ($0.58) during mid-day trading on Friday, reaching €50.20 ($58.37). The company’s stock had a trading volume of 48,433 shares, compared to its average volume of 56,857. ADO Properties has a 52 week low of €32.39 ($37.66) and a 52 week high of €46.20 ($53.72).



About ADO Properties

ADO Properties SA, together with its subsidiaries, operates as a residential real estate company in Germany. The company operates through Residential Property Management and Privatization segments. It is involved in the rental and management of residential properties, including modernization and maintenance of residential properties, management of tenancy agreements, and marketing of residential units.

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Analyst Recommendations for ADO Properties (ETR:ADJ)

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