Warburg Research Reiterates “€37.00” Price Target for Rocket Internet (RKET)

Warburg Research set a €37.00 ($44.05) target price on Rocket Internet (FRA:RKET) in a research note published on Wednesday morning. The firm currently has a buy rating on the stock.

A number of other equities analysts have also recently issued reports on RKET. Barclays set a €22.00 ($26.19) price objective on Rocket Internet and gave the stock a neutral rating in a report on Tuesday, August 15th. Berenberg Bank set a €53.00 ($63.10) price objective on Rocket Internet and gave the stock a buy rating in a report on Wednesday, August 16th.

Rocket Internet (FRA RKET) opened at €20.40 ($24.29) on Wednesday. Rocket Internet has a fifty-two week low of €15.17 ($18.06) and a fifty-two week high of €23.32 ($27.76).

WARNING: This report was first published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this report on another domain, it was stolen and reposted in violation of US & international trademark and copyright law. The original version of this report can be accessed at https://www.dispatchtribunal.com/2017/12/02/warburg-research-reiterates-37-00-price-target-for-rocket-internet-rket.html.

Rocket Internet Company Profile

Rocket Internet SE is an incubator, private equity, and venture capital firm specializing in incubation, early-stage, growth capital, late venture, later stage, and start-ups in the Fintech sector. The firm seeks to make investments in Internet companies with a focus on online and mobile retail services.

Receive News & Ratings for Rocket Internet SE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rocket Internet SE and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply