Hochtief (FRA:HOT) received a €158.00 ($183.72) target price from analysts at Macquarie in a report issued on Monday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. Macquarie’s price target suggests a potential upside of 35.51% from the stock’s current price.
Other research analysts also recently issued reports about the company. HSBC set a €160.00 ($186.05) target price on Hochtief and gave the stock a “buy” rating in a research note on Monday, January 14th. Independent Research set a €152.00 ($176.74) target price on Hochtief and gave the stock a “buy” rating in a research note on Friday, March 29th. Kepler Capital Markets set a €142.00 ($165.12) target price on Hochtief and gave the stock a “buy” rating in a research note on Tuesday, May 7th. Bank of America set a €129.00 ($150.00) target price on Hochtief and gave the stock a “neutral” rating in a research note on Tuesday, April 23rd. Finally, Nord/LB set a €135.00 ($156.98) target price on Hochtief and gave the stock a “neutral” rating in a research note on Wednesday, February 27th. Six analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Hochtief presently has an average rating of “Hold” and a consensus price target of €150.11 ($174.55).
Shares of FRA HOT opened at €116.60 ($135.58) on Monday. Hochtief has a 12 month low of €128.00 ($148.84) and a 12 month high of €175.00 ($203.49).
HOCHTIEF Aktiengesellschaft engages in the construction business worldwide. The company operates through HOCHTIEF Americas, HOCHTIEF Asia Pacific, and HOCHTIEF Europe divisions. The HOCHTIEF Americas division provides building and infrastructure construction services primarily in the United States and Canada, including public buildings, office properties, sports facilities, educational and healthcare properties, transportation infrastructure, hydroelectric power stations, and dams.
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