Bank of America set a €44.00 ($51.16) target price on RTL Group (EBR:RTL) in a report published on Monday, Borsen Zeitung reports. The brokerage currently has a sell rating on the stock.
Other equities analysts have also recently issued reports about the stock. JPMorgan Chase & Co. set a €55.00 ($63.95) price target on shares of Lanxess and gave the stock a buy rating in a research note on Thursday, March 14th. Nord/LB set a €45.00 ($52.33) price objective on shares of RTL Group and gave the company a neutral rating in a report on Monday, June 3rd. Kepler Capital Markets set a €55.00 ($63.95) price objective on shares of RTL Group and gave the company a buy rating in a report on Tuesday, July 2nd. Warburg Research set a €50.00 ($58.14) price objective on shares of RTL Group and gave the company a neutral rating in a report on Friday, May 17th. Finally, Barclays lowered shares of NORDEA Bk AB SW/S to a hold rating in a report on Friday, May 17th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and two have assigned a buy rating to the stock. RTL Group presently has an average rating of Hold and an average price target of €52.58 ($61.14).
RTL Group has a 52 week low of €59.84 ($69.58) and a 52 week high of €76.02 ($88.40).
About RTL Group
RTL Group SA operates television (TV) channels and radio stations worldwide. It operates in six segments: Mediengruppe RTL Deutschland, Groupe M6, Fremantle, RTL Nederland, RTL Belgium, and Others. The company's TV channels include RTL Television in Germany, M6 in France, RTL 4 in the Netherlands, and RTL-TVI in Belgium.
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