Hochtief (FRA:HOT) received a €142.00 ($165.12) target price from analysts at Kepler Capital Markets in a note issued to investors on Tuesday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock. Kepler Capital Markets’ price objective suggests a potential upside of 16.49% from the stock’s current price.
Several other research firms have also commented on HOT. Independent Research set a €160.00 ($186.05) price target on shares of Hochtief and gave the company a “buy” rating in a report on Friday, February 22nd. HSBC set a €160.00 ($186.05) price target on shares of Hochtief and gave the company a “buy” rating in a report on Monday, January 14th. Bank of America set a €129.00 ($150.00) price target on shares of Hochtief and gave the company a “neutral” rating in a report on Tuesday, April 23rd. Macquarie set a €158.00 ($183.72) price objective on shares of Hochtief and gave the company a “neutral” rating in a research note on Thursday, March 7th. Finally, Nord/LB set a €135.00 ($156.98) price objective on shares of Hochtief and gave the company a “neutral” rating in a research note on Wednesday, February 27th. Seven investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of €150.11 ($174.55).
Shares of HOT stock opened at €121.90 ($141.74) on Tuesday. Hochtief has a 1-year low of €128.00 ($148.84) and a 1-year high of €175.00 ($203.49).
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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