ADO Properties SA (ETR:ADJ) Receives Consensus Rating of “Buy” from Brokerages

Shares of ADO Properties SA (ETR:ADJ) have been assigned an average rating of “Buy” from the eight brokerages that are currently covering the firm, MarketBeat reports. Two analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12-month price objective among analysts that have covered the stock in the last year is €46.59 ($54.17).

ADJ has been the topic of a number of analyst reports. Jefferies Financial Group set a €46.00 ($53.49) price objective on shares of ADO Properties and gave the stock a “buy” rating in a research report on Monday, September 30th. HSBC set a €50.00 ($58.14) price objective on shares of ADO Properties and gave the stock a “buy” rating in a research report on Monday, July 15th. Credit Suisse Group set a €34.20 ($39.77) price objective on shares of ADO Properties and gave the stock a “neutral” rating in a research report on Wednesday, September 18th. Barclays set a €38.00 ($44.19) price objective on shares of ADO Properties and gave the stock a “buy” rating in a research report on Monday, September 9th. Finally, Deutsche Bank set a €54.00 ($62.79) price objective on shares of ADO Properties and gave the stock a “buy” rating in a research report on Monday, September 2nd.

ETR ADJ traded down €0.26 ($0.30) during trading on Friday, reaching €38.62 ($44.91). 16,938 shares of the company’s stock traded hands, compared to its average volume of 56,857. The company has a debt-to-equity ratio of 73.25, a current ratio of 1.57 and a quick ratio of 1.02. The firm has a market cap of $1.70 billion and a price-to-earnings ratio of 3.81. The company’s 50 day simple moving average is €36.94 and its two-hundred day simple moving average is €42.45. ADO Properties has a 12-month low of €33.98 ($39.51) and a 12-month high of €54.30 ($63.14).



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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