Shares of Adler Real Estate AG (ETR:ADL) have been given an average recommendation of “Buy” by the seven analysts that are currently covering the stock, MarketBeat reports. Seven investment analysts have rated the stock with a buy recommendation. The average 12 month target price among brokerages that have issued a report on the stock in the last year is €18.54 ($21.55).
Several brokerages have recently issued reports on ADL. Oddo Bhf set a €15.91 ($18.50) price objective on Adler Real Estate and gave the company a “buy” rating in a report on Wednesday, September 11th. DZ Bank reissued a “buy” rating on shares of Adler Real Estate in a report on Wednesday, August 14th. Deutsche Bank set a €20.00 ($23.26) price objective on Adler Real Estate and gave the company a “buy” rating in a report on Tuesday, September 24th. HSBC set a €21.00 ($24.42) price objective on Adler Real Estate and gave the company a “buy” rating in a report on Monday, July 15th. Finally, Kepler Capital Markets set a €16.90 ($19.65) price objective on Adler Real Estate and gave the company a “buy” rating in a report on Tuesday, September 24th.
Shares of ADL stock traded down €0.32 ($0.37) on Monday, hitting €10.98 ($12.77). The company had a trading volume of 102,759 shares, compared to its average volume of 98,380. The firm has a market cap of $751.92 million and a P/E ratio of 2.70. The company has a 50-day moving average price of €11.40 and a 200-day moving average price of €12.17. The company has a quick ratio of 0.63, a current ratio of 2.12 and a debt-to-equity ratio of 221.29. Adler Real Estate has a twelve month low of €9.68 ($11.26) and a twelve month high of €15.40 ($17.91).
About Adler Real Estate
ADLER Real Estate AG is one of the leading real estate companies in Germany. In recent years, the company has grown rapidly through acquisitions – most recently through the acquisition of almost 70 percent of the shares in Brack Capital Properties NV ADLER now holds more than 62,000 residential units , which are mainly located in the north and west of Germany and offer tenants with medium to low income an affordable home.
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