Dragerwerk AG & Co. KGaA (ETR:DRW3) has been assigned a €90.00 ($104.65) price objective by research analysts at Berenberg Bank in a research note issued to investors on Monday. The firm currently has a “neutral” rating on the stock. Berenberg Bank’s price target indicates a potential upside of 21.52% from the company’s previous close.
DRW3 has been the subject of a number of other reports. Kepler Capital Markets set a €116.00 ($134.88) target price on Dragerwerk AG & Co. KGaA and gave the company a “buy” rating in a research report on Thursday, October 12th. Independent Research GmbH set a €85.00 ($98.84) target price on Dragerwerk AG & Co. KGaA and gave the company a “sell” rating in a research report on Monday, July 17th. Warburg Research set a €96.00 ($111.63) target price on Dragerwerk AG & Co. KGaA and gave the company a “neutral” rating in a research report on Thursday, July 27th. Nord/LB set a €108.00 ($125.58) target price on Dragerwerk AG & Co. KGaA and gave the company a “buy” rating in a research report on Friday, November 3rd. Finally, Deutsche Bank AG set a €95.00 ($110.47) target price on Dragerwerk AG & Co. KGaA and gave the company a “neutral” rating in a research report on Tuesday, October 24th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of €89.74 ($104.35).
Dragerwerk AG & Co. KGaA (DRW3) opened at €74.06 ($86.12) on Monday. Dragerwerk AG & Co. KGaA has a 52 week low of €68.12 ($79.21) and a 52 week high of €107.00 ($124.42).
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About Dragerwerk AG & Co. KGaA
Dragerwerk AG & Co KGaA develops equipment and solutions in the fields of medical and safety technology in Europe, Americas, Africa, Asia, and Australia. The company develops, produces, and markets system solutions, equipment, and services for acute point of care, including perioperative care, neonatal care, emergency care, critical care, and perinatal care.
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