Independent Research set a €1.00 ($1.16) price objective on Heidelberger Druckmaschinen (ETR:HDD) in a research report released on Monday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
A number of other research firms have also recently weighed in on HDD. Berenberg Bank set a €0.95 ($1.10) price objective on shares of Heidelberger Druckmaschinen and gave the stock a neutral rating in a report on Wednesday, July 24th. DZ Bank reaffirmed a sell rating on shares of Heidelberger Druckmaschinen in a report on Thursday, July 18th. Kepler Capital Markets set a €1.80 ($2.09) price objective on shares of Heidelberger Druckmaschinen and gave the stock a buy rating in a report on Wednesday, June 12th. HSBC set a €1.10 ($1.28) price objective on shares of Heidelberger Druckmaschinen and gave the stock a neutral rating in a report on Monday, July 22nd. Finally, Baader Bank reaffirmed a buy rating and issued a price objective on shares of Heidelberger Druckmaschinen in a report on Thursday, July 18th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company. The company currently has an average rating of Hold and an average target price of €1.54 ($1.80).
HDD stock opened at €1.01 ($1.18) on Monday. The company has a quick ratio of 0.69, a current ratio of 1.63 and a debt-to-equity ratio of 183.73. Heidelberger Druckmaschinen has a fifty-two week low of €0.84 ($0.97) and a fifty-two week high of €2.55 ($2.97). The firm’s 50-day simple moving average is €1.08 and its 200 day simple moving average is €1.42. The stock has a market cap of $281.66 million and a PE ratio of 101.10.
Heidelberger Druckmaschinen Aktiengesellschaft provides products, services, consumables, and software solutions for the printing industry in Europe, the Middle East, Africa, Asia/Pacific, North America, South America, and Eastern Europe. The company operates through Heidelberg Digital Technology, Heidelberg Digital Business & Services, and Heidelberg Financial Services segments.
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