Baader Bank set a €113.00 ($131.40) price target on Sixt (ETR:SIX2) in a research report released on Tuesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
A number of other equities analysts also recently commented on SIX2. UBS Group set a €89.00 ($103.49) price objective on shares of Sixt and gave the stock a buy rating in a research note on Tuesday. DZ Bank reissued a buy rating on shares of Sixt in a research note on Thursday, May 9th. Hauck & Aufhaeuser set a €100.00 ($116.28) price objective on shares of Sixt and gave the stock a buy rating in a research note on Monday, August 12th. Finally, Warburg Research set a €125.00 ($145.35) price objective on shares of Sixt and gave the stock a buy rating in a research note on Tuesday, July 2nd. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The company presently has a consensus rating of Buy and an average target price of €109.00 ($126.74).
Shares of ETR:SIX2 opened at €79.65 ($92.62) on Tuesday. The company has a market capitalization of $2.42 billion and a price-to-earnings ratio of 8.78. Sixt has a 52 week low of €63.85 ($74.24) and a 52 week high of €119.70 ($139.19). The company has a quick ratio of 0.69, a current ratio of 2.58 and a debt-to-equity ratio of 218.57. The firm has a 50 day moving average of €91.97 and a 200 day moving average of €91.18.
Sixt SE, through its subsidiaries, provides mobility services for private and business customers worldwide. It operates in two segments, Vehicle Rental and Leasing. The Vehicle Rental segment rents various utility vehicles and trucks; offers international holiday car rental services; provides mobility services for business travelers, as well as for sightseeing or special occasions; and offers luxury saloons, sports cars, SUVs, and car sharing products and transfer services.
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