Analysts Set Adler Real Estate AG (ETR:ADL) Target Price at €18.54

Adler Real Estate AG (ETR:ADL) has been assigned a consensus recommendation of “Buy” from the seven ratings firms that are covering the firm, MarketBeat.com reports. Seven equities research analysts have rated the stock with a buy recommendation. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is €18.54 ($21.55).

Several research firms recently issued reports on ADL. HSBC set a €21.00 ($24.42) target price on Adler Real Estate and gave the stock a “buy” rating in a research report on Monday, July 15th. DZ Bank reiterated a “buy” rating on shares of Adler Real Estate in a research report on Wednesday, August 14th. Berenberg Bank set a €17.40 ($20.23) target price on Adler Real Estate and gave the stock a “buy” rating in a research report on Tuesday, August 27th. Deutsche Bank set a €20.00 ($23.26) target price on Adler Real Estate and gave the stock a “buy” rating in a research report on Tuesday, September 24th. Finally, Kepler Capital Markets set a €16.90 ($19.65) target price on Adler Real Estate and gave the stock a “buy” rating in a research report on Tuesday, September 24th.

Shares of ETR ADL traded down €0.32 ($0.37) during trading on Monday, hitting €10.98 ($12.77). The company had a trading volume of 102,759 shares, compared to its average volume of 98,380. The stock has a 50 day simple moving average of €11.40 and a 200 day simple moving average of €12.17. The company has a debt-to-equity ratio of 221.29, a quick ratio of 0.63 and a current ratio of 2.12. Adler Real Estate has a 12 month low of €9.68 ($11.26) and a 12 month high of €15.40 ($17.91). The firm has a market capitalization of $751.92 million and a P/E ratio of 2.70.

About Adler Real Estate

ADLER Real Estate AG is one of the leading real estate companies in Germany. In recent years, the company has grown rapidly through acquisitions – most recently through the acquisition of almost 70 percent of the shares in Brack Capital Properties NV ADLER now holds more than 62,000 residential units , which are mainly located in the north and west of Germany and offer tenants with medium to low income an affordable home.

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Analyst Recommendations for Adler Real Estate (ETR:ADL)

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