Hochtief (HOT) PT Set at €155.00 by Commerzbank

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Hochtief (FRA:HOT) has been given a €155.00 ($180.23) target price by Commerzbank in a report released on Tuesday. The firm currently has a “neutral” rating on the stock. Commerzbank’s price target indicates a potential upside of 16.45% from the stock’s previous close.

HOT has been the subject of several other reports. HSBC set a €173.00 ($201.16) price target on shares of Hochtief and gave the company a “buy” rating in a report on Thursday, August 2nd. Macquarie set a €155.00 ($180.23) price objective on shares of Hochtief and gave the stock a “neutral” rating in a report on Monday, July 16th. Berenberg Bank set a €164.00 ($190.70) price objective on shares of Hochtief and gave the stock a “neutral” rating in a report on Thursday, July 26th. DZ Bank reaffirmed a “neutral” rating on shares of Hochtief in a report on Thursday, August 2nd. Finally, Independent Research set a €160.00 ($186.05) price objective on shares of Hochtief and gave the stock a “neutral” rating in a report on Wednesday, July 25th. Nine research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Hochtief currently has an average rating of “Hold” and an average target price of €160.81 ($186.99).

Shares of FRA:HOT opened at €133.10 ($154.77) on Tuesday. Hochtief has a one year low of €128.00 ($148.84) and a one year high of €175.00 ($203.49).

About Hochtief

HOCHTIEF Aktiengesellschaft engages in the construction business worldwide. The company operates through HOCHTIEF Americas, HOCHTIEF Asia Pacific, and HOCHTIEF Europe divisions. The HOCHTIEF Americas division provides building and infrastructure construction services primarily in the United States and Canada, including public buildings, office properties, sports facilities, educational and healthcare properties, transportation infrastructure, hydroelectric power stations, and dams.

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