Adler Real Estate AG (ETR:ADL)’s stock price was up 0.5% on Monday . The company traded as high as €13.08 ($15.21) and last traded at €13.00 ($15.12), approximately 102,374 shares changed hands during mid-day trading. An increase of 4% from the average daily volume of 98,380 shares. The stock had previously closed at €12.94 ($15.05).
A number of analysts recently weighed in on ADL shares. Deutsche Bank set a €17.00 ($19.77) price target on shares of Adler Real Estate and gave the company a “buy” rating in a research report on Friday, November 29th. Berenberg Bank set a €14.55 ($16.92) price target on shares of Adler Real Estate and gave the company a “neutral” rating in a research report on Monday, December 16th. DZ Bank reiterated a “buy” rating on shares of Adler Real Estate in a research report on Friday, November 15th. Finally, Kepler Capital Markets set a €16.90 ($19.65) price target on shares of Adler Real Estate and gave the company a “buy” rating in a research report on Monday, December 16th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Adler Real Estate currently has an average rating of “Buy” and an average target price of €17.07 ($19.85).
The firm has a market capitalization of $898.82 million and a price-to-earnings ratio of 2.63. The business’s 50-day moving average is €12.94 and its two-hundred day moving average is €11.87. The company has a debt-to-equity ratio of 207.85, a quick ratio of 0.33 and a current ratio of 2.06.
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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