Sixt (ETR:SIX2) has been given a €80.00 ($95.24) target price by Commerzbank in a report released on Wednesday, November 15th. The brokerage currently has a “buy” rating on the stock. Commerzbank’s target price would indicate a potential upside of 6.79% from the company’s current price.
Other equities research analysts also recently issued research reports about the company. DZ Bank reaffirmed a “buy” rating on shares of Sixt in a research note on Friday, July 21st. Warburg Research set a €69.00 ($82.14) target price on shares of Sixt and gave the stock a “buy” rating in a research report on Friday, July 21st. Baader Bank set a €60.00 ($71.43) price target on Sixt and gave the company a “neutral” rating in a research report on Monday, July 24th. UBS set a €53.50 ($63.69) price target on Sixt and gave the company a “buy” rating in a research report on Wednesday, August 9th. Finally, Berenberg Bank set a €68.00 ($80.95) price objective on shares of Sixt and gave the stock a “buy” rating in a report on Friday, August 18th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of €74.17 ($88.29).
Shares of Sixt (ETR SIX2) traded up €1.03 ($1.23) during midday trading on Wednesday, reaching €74.91 ($89.18). The company’s stock had a trading volume of 30,228 shares, compared to its average volume of 53,116. Sixt has a 12-month low of €46.73 ($55.63) and a 12-month high of €79.99 ($95.23).
Sixt SE, through its subsidiaries, provides mobility services for private and business customers worldwide. It operates through two segments, Vehicle Rental and Leasing. The 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 and sports cars or SUVs, car sharing products, and chauffer and transfer services.
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