Corestate Capital (ETR:CCAP) received a €47.00 ($54.65) price target from analysts at Oddo Bhf in a report released on Wednesday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock. Oddo Bhf’s target price points to a potential upside of 44.17% from the stock’s current price.
A number of other equities research analysts also recently commented on the company. Berenberg Bank set a €58.00 ($67.44) target price on Corestate Capital and gave the stock a “buy” rating in a report on Tuesday. Baader Bank set a €68.00 ($79.07) target price on Corestate Capital and gave the stock a “buy” rating in a report on Thursday, February 14th. Kepler Capital Markets set a €66.00 ($76.74) target price on Corestate Capital and gave the stock a “buy” rating in a report on Wednesday, April 3rd. Finally, Jefferies Financial Group set a €65.00 ($75.58) price target on Corestate Capital and gave the company a “buy” rating in a research report on Thursday, February 14th. Seven research analysts have rated the stock with a buy rating, Corestate Capital has a consensus rating of “Buy” and a consensus price target of €64.43 ($74.92).
Shares of Corestate Capital stock traded up €0.30 ($0.35) on Wednesday, reaching €32.60 ($37.91). 43,350 shares of the stock were exchanged. The company has a quick ratio of 1.79, a current ratio of 2.82 and a debt-to-equity ratio of 97.38. Corestate Capital has a twelve month low of €28.00 ($32.56) and a twelve month high of €50.00 ($58.14). The company has a market capitalization of $695.34 million and a price-to-earnings ratio of 6.64.
Corestate Capital Company Profile
CORESTATE Capital Holding SA is a real estate investment firm specializing in investments in small to medium sized residential portfolios and commercial real estate markets. The firm seeks to invest in an "anti-cyclical" manner in Europe and expand its club-style deals from purely opportunistic to core-plus and value-add investments.
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