Baader Bank set a €113.00 ($131.40) target price on Sixt (ETR:SIX2) in a research note released on Tuesday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Several other research analysts have also recently weighed in on the stock. Warburg Research set a €125.00 ($145.35) price target on shares of Sixt and gave the stock a buy rating in a report on Tuesday, July 2nd. UBS Group set a €89.00 ($103.49) target price on shares of Sixt and gave the stock a buy rating in a research report on Tuesday. Hauck & Aufhaeuser set a €100.00 ($116.28) target price on shares of Sixt and gave the stock a buy rating in a research report on Monday. Finally, DZ Bank reiterated a buy rating on shares of Sixt in a research report on Thursday, May 9th. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The company has a consensus rating of Buy and an average target price of €109.00 ($126.74).
Sixt stock opened at €77.25 ($89.83) on Tuesday. The stock has a market cap of $2.35 billion and a P/E ratio of 8.51. Sixt has a fifty-two week low of €63.85 ($74.24) and a fifty-two week high of €119.70 ($139.19). The firm’s fifty day moving average price is €92.26 and its 200-day moving average price is €91.23. The company has a debt-to-equity ratio of 218.57, a quick ratio of 0.69 and a current ratio of 2.58.
Sixt SE, through its subsidiaries, provides mobility services for private and business customers worldwide. It operates in two segments, Vehicle Rental and Leasing. The Vehicle Rental segment rents various utility vehicles and trucks; offers international holiday car rental services; provides mobility services for business travelers, as well as for sightseeing or special occasions; and offers luxury saloons, sports cars, SUVs, and car sharing products and transfer services.
Read More: Debt-To-Equity Ratio
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