Dragerwerk AG & Co. KGaA (DRW3) Given a €68.00 Price Target at HSBC

Dragerwerk AG & Co. KGaA (ETR:DRW3) received a €68.00 ($80.95) price objective from investment analysts at HSBC in a research note issued on Thursday, November 16th. The brokerage currently has a “neutral” rating on the stock. HSBC’s price target indicates a potential downside of 3.61% from the company’s previous close.

A number of other brokerages also recently weighed in on DRW3. Deutsche Bank set a €95.00 ($113.10) price objective on Dragerwerk AG & Co. KGaA and gave the company a “neutral” rating in a research report on Tuesday, November 7th. Independent Research set a €97.00 ($115.48) price objective on Dragerwerk AG & Co. KGaA and gave the company a “neutral” rating in a research report on Tuesday, November 7th. set a €89.00 ($105.95) price objective on Dragerwerk AG & Co. KGaA and gave the company a “neutral” rating in a research report on Tuesday, November 7th. DZ Bank reaffirmed a “sell” rating on shares of Dragerwerk AG & Co. KGaA in a research report on Monday, November 13th. Finally, Berenberg Bank set a €90.00 ($107.14) price objective on Dragerwerk AG & Co. KGaA and gave the company a “neutral” rating in a research report on Monday, November 13th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of €84.28 ($100.33).

Shares of Dragerwerk AG & Co. KGaA (ETR:DRW3) traded down €0.02 ($0.02) on Thursday, hitting €70.98 ($84.50). The company had a trading volume of 40,990 shares, compared to its average volume of 63,926. Dragerwerk AG & Co. KGaA has a twelve month low of €69.80 ($83.10) and a twelve month high of €107.00 ($127.38).

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Dragerwerk AG & Co. KGaA Company Profile

Dragerwerk AG & Co KGaA develops equipment and solutions in the fields of medical and safety technology in Europe, Americas, Africa, Asia, and Australia. The company develops, produces, and markets system solutions, equipment, and services for acute point of care, including perioperative care, neonatal care, emergency care, critical care, and perinatal care.

Analyst Recommendations for Dragerwerk AG & Co. KGaA (ETR:DRW3)

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