HSBC Analysts Give Draegerwerk AG & Co KGaA (ETR:DRW3) a €50.00 Price Target

Draegerwerk AG & Co KGaA (ETR:DRW3) has been given a €50.00 ($58.14) price objective by research analysts at HSBC in a research note issued to investors on Tuesday, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock. HSBC’s price objective would indicate a potential downside of 9.83% from the company’s current price.

A number of other analysts also recently commented on DRW3. Warburg Research set a €49.00 ($56.98) price target on shares of Draegerwerk AG & Co KGaA and gave the stock a “neutral” rating in a research report on Wednesday, October 16th. Independent Research set a €54.00 ($62.79) price target on shares of Draegerwerk AG & Co KGaA and gave the stock a “neutral” rating in a research report on Wednesday, October 16th. Nord/LB set a €45.00 ($52.33) price target on shares of Draegerwerk AG & Co KGaA and gave the stock a “neutral” rating in a research report on Thursday, August 22nd. Hauck & Aufhaeuser set a €38.00 ($44.19) price target on shares of Draegerwerk AG & Co KGaA and gave the stock a “neutral” rating in a research report on Wednesday, August 14th. Finally, Deutsche Bank set a €46.00 ($53.49) price target on shares of Draegerwerk AG & Co KGaA and gave the stock a “neutral” rating in a research report on Wednesday, August 14th. One analyst has rated the stock with a sell rating and six have assigned a hold rating to the company’s stock. Draegerwerk AG & Co KGaA currently has an average rating of “Hold” and an average target price of €46.43 ($53.99).

DRW3 stock opened at €55.45 ($64.48) on Tuesday. Draegerwerk AG & Co KGaA has a 52 week low of €38.32 ($44.56) and a 52 week high of €57.85 ($67.27). The company has a market capitalization of $421.42 million and a price-to-earnings ratio of 24.99. The firm’s 50-day moving average is €48.65 and its two-hundred day moving average is €48.81. The company has a current ratio of 2.00, a quick ratio of 1.19 and a debt-to-equity ratio of 33.52.

Draegerwerk AG & Co KGaA Company Profile

Drägerwerk AG & Co KGaA develops equipment and solutions in the fields of medical and safety technology in Europe, Americas, Africa, Asia, and Australia. The company develops, produces, and markets system solutions, equipment, and services for acute point of care, including emergency care, perioperative care, critical care, and perinatal care.

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Analyst Recommendations for Draegerwerk AG & Co KGaA (ETR:DRW3)

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