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).
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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.
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