Jefferies Financial Group Reiterates “€8.50” Price Target for Aroundtown (ETR:AT1)

Aroundtown (ETR:AT1) has been assigned a €8.50 ($9.88) target price by investment analysts at Jefferies Financial Group in a research note issued to investors on Tuesday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. Jefferies Financial Group’s price target would indicate a potential upside of 23.22% from the stock’s current price.

Several other research analysts have also recently issued reports on AT1. Kepler Capital Markets set a €8.50 ($9.88) target price on shares of Aroundtown and gave the stock a “buy” rating in a report on Tuesday, June 4th. Goldman Sachs Group set a €8.50 ($9.88) target price on shares of Aroundtown and gave the stock a “buy” rating in a report on Monday. Deutsche Bank set a €8.30 ($9.65) target price on shares of Aroundtown and gave the stock a “neutral” rating in a report on Wednesday, September 4th. Berenberg Bank set a €9.20 ($10.70) target price on shares of Aroundtown and gave the stock a “buy” rating in a report on Monday, September 9th. Finally, JPMorgan Chase & Co. set a €8.25 ($9.59) price objective on shares of Aroundtown and gave the company a “neutral” rating in a report on Tuesday, September 3rd. Three equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of €8.63 ($10.03).

Aroundtown stock traded up €0.04 ($0.05) during trading hours on Tuesday, hitting €6.90 ($8.02). The stock had a trading volume of 4,236,129 shares, compared to its average volume of 3,550,000. The company has a quick ratio of 2.78, a current ratio of 2.96 and a debt-to-equity ratio of 80.90. The stock has a market capitalization of $8.40 billion and a P/E ratio of 5.14. Aroundtown has a 12-month low of €6.87 ($7.99) and a 12-month high of €7.95 ($9.24). The stock’s 50-day moving average price is €7.23 and its 200-day moving average price is €7.39.

Aroundtown Company Profile

Aroundtown SA, together with its subsidiaries, operates as a real estate investment company in Germany, the Netherlands, the United Kingdom, and internationally. It invests in commercial and residential real estate properties, such as office, hotel, logistics, wholesale, retail, and other properties.

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Analyst Recommendations for Aroundtown (ETR:AT1)

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