Berenberg Bank set a €16.20 ($19.06) price target on Adler Real Estate AG (ETR:ADL) in a research note released on Tuesday morning. The brokerage currently has a buy rating on the stock.
Other analysts have also issued research reports about the company. DZ Bank AG reiterated a buy rating on shares of Adler Real Estate AG in a report on Tuesday, August 15th. Oddo Bhf set a €15.91 ($18.72) target price on Adler Real Estate AG and gave the stock a buy rating in a report on Tuesday, August 15th. equinet AG set a €17.00 ($20.00) target price on Adler Real Estate AG and gave the stock a buy rating in a report on Friday, August 11th. Oddo Securities set a €15.91 ($18.72) target price on Adler Real Estate AG and gave the stock a buy rating in a report on Wednesday, August 9th. Finally, HSBC Holdings plc set a €21.00 ($24.71) target price on Adler Real Estate AG and gave the stock a buy rating in a report on Thursday, September 14th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Adler Real Estate AG currently has a consensus rating of Buy and an average target price of €15.45 ($18.18).
Adler Real Estate AG (ETR:ADL) opened at 13.145 on Tuesday. Adler Real Estate AG has a one year low of €11.48 and a one year high of €14.46. The stock’s 50 day moving average price is €13.26 and its 200-day moving average price is €13.46. The firm has a market cap of €753.63 million and a price-to-earnings ratio of 7.943.
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About Adler Real Estate AG
ADLER Real Estate Aktiengesellschaft operates as a real estate company in Germany. The company is engaged in the acquisition, operation, and management of residential real estate properties. It is also involved in the development of residential construction sites and residential properties; and leasing and sale of commercial properties.
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