Jefferies Financial Group Reiterates “€8.50” Price Target for Aroundtown (AT1)

Aroundtown (ETR:AT1) has been given a €8.50 ($9.88) target price by equities research analysts at Jefferies Financial Group in a research note issued to investors on Tuesday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. Jefferies Financial Group’s price objective would suggest a potential upside of 15.90% from the company’s current price.

A number of other analysts also recently commented on AT1. Deutsche Bank set a €9.00 ($10.47) price objective on Aroundtown and gave the stock a “buy” rating in a research report on Thursday, May 2nd. Warburg Research set a €8.80 ($10.23) price objective on Aroundtown and gave the stock a “buy” rating in a research report on Tuesday, April 23rd. Nord/LB set a €7.55 ($8.78) price objective on Aroundtown and gave the stock a “neutral” rating in a research report on Tuesday, April 23rd. Berenberg Bank set a €9.20 ($10.70) price objective on Aroundtown and gave the stock a “buy” rating in a research report on Thursday, May 2nd. Finally, JPMorgan Chase & Co. set a €8.25 ($9.59) price objective on Aroundtown and gave the stock a “neutral” rating in a research report on Tuesday, April 16th. Two equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of €8.55 ($9.94).

Shares of AT1 stock traded up €0.14 ($0.16) during mid-day trading on Tuesday, reaching €7.33 ($8.53). The stock had a trading volume of 1,210,955 shares, compared to its average volume of 3,550,000. The company has a current ratio of 3.47, a quick ratio of 3.09 and a debt-to-equity ratio of 75.79. Aroundtown has a one year low of €6.65 ($7.73) and a one year high of €7.92 ($9.20). The company has a market capitalization of $8.16 billion and a P/E ratio of 4.92.

About Aroundtown

Aroundtown SA, together with its subsidiaries, operates as a real estate investment company in Germany, the Netherlands, the United Kingdom, and internationally. It invests in commercial and residential real estate properties, such as office, hotel, logistics, wholesale, retail, and other properties.

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Analyst Recommendations for Aroundtown (ETR:AT1)

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