Hochtief (FRA:HOT) has been given a €115.00 ($133.72) price objective by research analysts at Nord/LB in a report released on Monday, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the stock. Nord/LB’s target price indicates a potential upside of 8.18% from the company’s previous close.
A number of other equities research analysts also recently weighed in on HOT. Kepler Capital Markets set a €140.00 ($162.79) price target on Hochtief and gave the company a “neutral” rating in a report on Wednesday, February 13th. Independent Research set a €160.00 ($186.05) price target on Hochtief and gave the company a “buy” rating in a report on Friday, February 22nd. Macquarie set a €158.00 ($183.72) price target on Hochtief and gave the company a “neutral” rating in a report on Thursday, March 7th. Finally, Bank of America set a €129.00 ($150.00) price target on Hochtief and gave the company a “neutral” rating in a report on Tuesday, April 23rd. Seven equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of €146.28 ($170.10).
Shares of FRA HOT opened at €106.30 ($123.60) on Monday. Hochtief has a twelve month low of €128.00 ($148.84) and a twelve month high of €175.00 ($203.49).
Hochtief Company Profile
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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