Shares of Hochtief Ag (FRA:HOT) have been assigned an average rating of “Buy” from the nine analysts that are covering the firm, Marketbeat.com reports. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1 year price objective among brokerages that have covered the stock in the last year is €139.22 ($161.89).
Several equities analysts have commented on HOT shares. Nord/LB set a €100.00 ($116.28) target price on shares of Hochtief and gave the company a “neutral” rating in a report on Wednesday, August 28th. HSBC set a €157.00 ($182.56) target price on shares of Hochtief and gave the company a “buy” rating in a report on Friday, August 23rd. Finally, Independent Research set a €129.00 ($150.00) target price on shares of Hochtief and gave the company a “buy” rating in a report on Thursday, July 25th.
HOT stock traded up €0.10 ($0.12) during mid-day trading on Thursday, hitting €103.70 ($120.58). The stock had a trading volume of 70,218 shares. Hochtief has a 52 week low of €128.00 ($148.84) and a 52 week high of €175.00 ($203.49). The firm has a fifty day simple moving average of €100.35 and a 200 day simple moving average of €115.20.
HOCHTIEF Aktiengesellschaft engages in the construction business worldwide. The company operates through HOCHTIEF Americas, HOCHTIEF Asia Pacific, and HOCHTIEF Europe divisions. The HOCHTIEF Americas division provides building and infrastructure construction services primarily in the United States and Canada, including public buildings, office properties, sports facilities, educational and healthcare properties, transportation infrastructure, hydroelectric power stations, and dams.
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