alstria office REIT (ETR:AOX) received a €16.30 ($18.95) price objective from research analysts at Berenberg Bank in a note issued to investors on Tuesday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. Berenberg Bank’s target price suggests a potential downside of 3.66% from the stock’s previous close.
Other analysts have also recently issued research reports about the stock. Morgan Stanley set a €16.50 ($19.19) target price on shares of alstria office REIT and gave the stock a “buy” rating in a research note on Monday, September 2nd. UBS Group set a €16.00 ($18.60) price target on shares of alstria office REIT and gave the stock a “buy” rating in a research report on Tuesday, August 13th. JPMorgan Chase & Co. set a €18.00 ($20.93) price target on shares of alstria office REIT and gave the stock a “buy” rating in a research report on Tuesday, August 20th. Barclays set a €17.00 ($19.77) price target on shares of alstria office REIT and gave the stock a “buy” rating in a research report on Wednesday, September 18th. Finally, Warburg Research set a €16.70 ($19.42) price target on shares of alstria office REIT and gave the stock a “buy” rating in a research report on Monday, July 8th. Six analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of €15.80 ($18.37).
AOX stock opened at €16.92 ($19.67) on Tuesday. The stock has a market capitalization of $3.03 billion and a P/E ratio of 5.48. The firm has a 50-day simple moving average of €16.16 and a 200-day simple moving average of €14.90. The company has a quick ratio of 3.27, a current ratio of 3.68 and a debt-to-equity ratio of 48.00. alstria office REIT has a 52 week low of €11.74 ($13.65) and a 52 week high of €15.24 ($17.72).
About alstria office REIT
Alstria office REIT AG is the leading real-estate operator focusing solely on German office property in selected German markets. Our strategy is based on the ownership and an active management of our properties throughout their entire life cycle, strong added-value services to our customers and deep knowledge of the markets in which we operate.
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