ADO Properties S.A. (ADJ) PT Set at €54.00 by Deutsche Bank AG

ADO Properties S.A. (ETR:ADJ) has been given a €54.00 ($62.79) target price by equities researchers at Deutsche Bank AG in a note issued to investors on Thursday. The firm currently has a “buy” rating on the stock. Deutsche Bank AG’s target price indicates a potential upside of 24.90% from the stock’s previous close.

Other analysts have also recently issued research reports about the stock. UBS AG set a €48.00 ($55.81) price objective on shares of ADO Properties and gave the stock a “buy” rating in a report on Friday, August 11th. Credit Suisse Group set a €45.00 ($52.33) target price on shares of ADO Properties and gave the company a “buy” rating in a research report on Friday, September 1st. set a €46.00 ($53.49) target price on shares of ADO Properties and gave the company a “neutral” rating in a research report on Monday, October 16th. Finally, Commerzbank Ag set a €36.50 ($42.44) target price on shares of ADO Properties and gave the company a “neutral” rating in a research report on Tuesday, August 15th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of €44.88 ($52.19).

Shares of ADO Properties (ETR ADJ) opened at €43.24 ($50.27) on Thursday. ADO Properties has a twelve month low of €29.45 ($34.24) and a twelve month high of €44.21 ($51.41).

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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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