Hamborner Reit (HAB) Given a €11.00 Price Target by Berenberg Bank Analysts

Hamborner Reit (ETR:HAB) has been given a €11.00 ($12.79) price target by equities researchers at Berenberg Bank in a research report issued to clients and investors on Tuesday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. Berenberg Bank’s price objective would suggest a potential upside of 19.83% from the company’s current price.

Separately, HSBC set a €10.00 ($11.63) target price on shares of Hamborner Reit and gave the stock a “neutral” rating in a report on Wednesday, March 20th.

HAB opened at €9.18 ($10.67) on Tuesday. The company has a debt-to-equity ratio of 121.18, a current ratio of 0.34 and a quick ratio of 0.34. Hamborner Reit has a 52 week low of €8.28 ($9.63) and a 52 week high of €9.55 ($11.10). The firm has a market cap of $731.81 million and a price-to-earnings ratio of 37.47.

About Hamborner Reit

HAMBORNER REIT AG is a public company listed in the SDAX that operates exclusively in the property sector and is positioned as a portfolio holder for high-yield commercial properties. The company generates sustainable rental income on the basis of a diversified portfolio of properties distributed throughout Germany with a total value of around EUR1.5 billion.

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