Berenberg Bank Reiterates €49.00 Price Target for 1&1 Drillisch (ETR:DRI)

Berenberg Bank set a €49.00 ($56.98) price target on 1&1 Drillisch (ETR:DRI) in a report released on Wednesday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

A number of other analysts also recently commented on the stock. HSBC set a €27.00 ($31.40) price objective on shares of 1&1 Drillisch and gave the company a neutral rating in a report on Wednesday, August 28th. Credit Suisse Group set a €26.00 ($30.23) price objective on shares of 1&1 Drillisch and gave the company a sell rating in a report on Tuesday, August 27th. Barclays set a €45.00 ($52.33) price objective on shares of 1&1 Drillisch and gave the company a buy rating in a report on Thursday, August 15th. Independent Research set a €36.00 ($41.86) price objective on shares of 1&1 Drillisch and gave the company a buy rating in a report on Tuesday, September 10th. Finally, Hauck & Aufhaeuser set a €46.00 ($53.49) price objective on shares of 1&1 Drillisch and gave the company a buy rating in a report on Monday, September 9th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and ten have assigned a buy rating to the company’s stock. The stock presently has an average rating of Buy and an average price target of €40.37 ($46.94).

DRI stock opened at €28.78 ($33.47) on Wednesday. The company has a market cap of $5.09 billion and a price-to-earnings ratio of 12.53. The company has a current ratio of 2.39, a quick ratio of 1.74 and a debt-to-equity ratio of 0.55. 1&1 Drillisch has a 12 month low of €21.16 ($24.60) and a 12 month high of €47.14 ($54.81). The firm has a 50-day moving average of €26.41 and a two-hundred day moving average of €30.17.

1&1 Drillisch Company Profile

1&1 Drillisch AG, together with its subsidiaries, operates as a telecommunications provider in Germany. The company operates in two segments, Access and Other. It provides its customers with a portfolio of services and products from the fields of broadband and mobile Internet. The company's mobile access and landline products include related applications, such as home networks, online storage, telephony, and video on demand or Internet protocol television.

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Analyst Recommendations for 1&1 Drillisch (ETR:DRI)

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