Goldman Sachs Group set a €8.40 ($9.77) price objective on Aroundtown (ETR:AT1) in a research report sent to investors on Monday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
A number of other research analysts have also recently commented on the company. JPMorgan Chase & Co. reissued a buy rating on shares of Intel in a research note on Tuesday, June 11th. Nord/LB set a €11.15 ($12.97) target price on Deutsche Pfandbriefbank and gave the company a neutral rating in a research note on Wednesday, July 3rd. Hauck & Aufhaeuser set a €8.85 ($10.29) target price on Aroundtown and gave the company a buy rating in a research note on Tuesday, June 4th. HSBC set a €54.00 ($62.79) target price on ADO Properties and gave the company a neutral rating in a research note on Wednesday, May 29th. Finally, UBS Group reduced their target price on Caterpillar from $125.00 to $115.00 and set a sell rating on the stock in a research note on Tuesday, June 4th. Two equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. Aroundtown presently has a consensus rating of Buy and a consensus target price of €8.62 ($10.02).
AT1 traded down €0.08 ($0.09) during trading on Monday, reaching €7.64 ($8.89). The stock had a trading volume of 2,845,110 shares, compared to its average volume of 3,550,000. The stock has a market capitalization of $8.10 billion and a PE ratio of 4.98. The company has a current ratio of 6.00, a quick ratio of 5.50 and a debt-to-equity ratio of 82.47. Aroundtown has a one year low of €6.86 ($7.97) and a one year high of €7.92 ($9.20). The firm’s 50-day moving average is €7.58.
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.
Further Reading: What is meant by a buy rating?
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