DZ Bank reaffirmed their buy rating on shares of Adler Real Estate (ETR:ADL) in a research note published on Friday morning, Borsen Zeitung reports.
Several other research analysts have also commented on the stock. Oddo Bhf set a €15.91 ($18.50) price objective on shares of Adler Real Estate and gave the stock a buy rating in a report on Wednesday, September 11th. Deutsche Bank set a €20.00 ($23.26) price target on shares of Adler Real Estate and gave the stock a buy rating in a research note on Friday. Berenberg Bank set a €16.50 ($19.19) price target on shares of Adler Real Estate and gave the stock a buy rating in a research note on Thursday, November 7th. Finally, Kepler Capital Markets set a €16.90 ($19.65) price target on shares of Adler Real Estate and gave the stock a buy rating in a research note on Thursday, November 14th. Seven investment analysts have rated the stock with a buy rating, Adler Real Estate currently has a consensus rating of Buy and a consensus target price of €18.39 ($21.38).
ETR ADL traded down €0.02 ($0.02) during trading on Friday, hitting €11.44 ($13.30). The company had a trading volume of 118,694 shares, compared to its average volume of 98,380. The company has a current ratio of 2.12, a quick ratio of 0.63 and a debt-to-equity ratio of 221.29. Adler Real Estate has a one year low of €9.68 ($11.26) and a one year high of €15.40 ($17.91). The company has a market cap of $783.42 million and a price-to-earnings ratio of 2.53. The company’s fifty day moving average is €11.01 and its 200-day moving average is €11.85.
About Adler Real Estate
ADLER Real Estate AG is one of the leading real estate companies in Germany. In recent years, the company has grown rapidly through acquisitions – most recently through the acquisition of almost 70 percent of the shares in Brack Capital Properties NV ADLER now holds more than 62,000 residential units , which are mainly located in the north and west of Germany and offer tenants with medium to low income an affordable home.
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