HSBC Reiterates “€10.50” Price Target for Hamborner Reit (ETR:HAB)

Hamborner Reit (ETR:HAB) has been given a €10.50 ($12.21) price target by stock analysts at HSBC in a note issued to investors on Monday, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock. HSBC’s price target points to a potential upside of 8.25% from the company’s previous close.

Separately, Berenberg Bank set a €11.00 ($12.79) price target on shares of Hamborner Reit and gave the company a “buy” rating in a research report on Wednesday, July 24th.

Shares of ETR:HAB opened at €9.70 ($11.28) on Monday. The company has a debt-to-equity ratio of 121.18, a quick ratio of 0.34 and a current ratio of 0.34. The company has a market cap of $773.26 million and a PE ratio of 39.59. Hamborner Reit has a 52 week low of €8.28 ($9.63) and a 52 week high of €9.55 ($11.10). The firm has a 50 day simple moving average of €9.61 and a 200 day simple moving average of €9.29.

About Hamborner Reit

HAMBORNER REIT AG is a public company listed in the SDAX that operates exclusively in the property sector and is positioned as a portfolio holder for high-yield commercial properties. The company generates sustainable rental income on the basis of a diversified portfolio of properties distributed throughout Germany with a total value of around EUR1.5 billion.

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