Independent Research set a €127.00 ($147.67) price objective on Hochtief (FRA:HOT) in a report released on Thursday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
HOT has been the topic of a number of other research reports. Nord/LB set a €100.00 ($116.28) price objective on Hochtief and gave the company a neutral rating in a research note on Friday, November 22nd. Kepler Capital Markets set a €137.00 ($159.30) price objective on Hochtief and gave the company a buy rating in a research note on Monday, November 4th. Finally, Oddo Bhf set a €127.00 ($147.67) price objective on Hochtief and gave the company a neutral rating in a research note on Wednesday, November 6th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Hochtief presently has an average rating of Buy and a consensus price target of €133.57 ($155.32).
Shares of HOT traded up €1.10 ($1.28) during trading hours on Thursday, reaching €109.70 ($127.56). 197,365 shares of the company traded hands. Hochtief has a fifty-two week low of €128.00 ($148.84) and a fifty-two week high of €175.00 ($203.49). The stock has a fifty day simple moving average of €114.42 and a 200 day simple moving average of €107.56.
HOCHTIEF Aktiengesellschaft engages in the construction business worldwide. The company operates through HOCHTIEF Americas, HOCHTIEF Asia Pacific, and HOCHTIEF Europe divisions. The HOCHTIEF Americas division provides building and infrastructure construction services primarily in the United States and Canada, including public buildings, office properties, sports facilities, educational and healthcare properties, transportation infrastructure, hydroelectric power stations, and dams.
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