Deutsche Bank Analysts Give ADO Properties (ETR:ADJ) a €56.00 Price Target

ADO Properties (ETR:ADJ) has been assigned a €56.00 ($65.12) target price by equities research analysts at Deutsche Bank in a research report issued to clients and investors on Thursday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. Deutsche Bank’s price objective indicates a potential upside of 62.32% from the stock’s previous close.

A number of other analysts have also recently issued reports on the company. Jefferies Financial Group set a €46.00 ($53.49) price objective on ADO Properties and gave the company a “buy” rating in a research report on Wednesday. UBS Group set a €50.00 ($58.14) price objective on ADO Properties and gave the company a “buy” rating in a research report on Wednesday, September 4th. Barclays set a €38.00 ($44.19) price objective on ADO Properties and gave the company a “buy” rating in a research report on Monday, September 9th. Credit Suisse Group set a €34.20 ($39.77) price objective on ADO Properties and gave the company a “neutral” rating in a research report on Tuesday, October 29th. Finally, Hauck & Aufhaeuser set a €42.00 ($48.84) price objective on ADO Properties and gave the company a “buy” rating in a research report on Monday, November 4th. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of €45.96 ($53.44).

ADJ opened at €34.50 ($40.12) on Thursday. The stock has a market cap of $1.52 billion and a price-to-earnings ratio of 3.40. ADO Properties has a 1 year low of €33.98 ($39.51) and a 1 year high of €54.30 ($63.14). The company has a current ratio of 1.57, a quick ratio of 1.02 and a debt-to-equity ratio of 73.25. The stock has a fifty day moving average price of €37.53 and a 200 day moving average price of €40.20.

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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