Adler Real Estate (ETR:ADL) Given a €20.00 Price Target at Deutsche Bank

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Deutsche Bank set a €20.00 ($23.26) price target on Adler Real Estate (ETR:ADL) in a report released on Thursday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

ADL has been the subject of a number of other reports. DZ Bank restated a buy rating on shares of Adler Real Estate in a research note on Wednesday, August 14th. Oddo Bhf set a €15.91 ($18.50) price objective on shares of Adler Real Estate and gave the stock a buy rating in a research note on Wednesday, June 19th. Berenberg Bank set a €17.40 ($20.23) price objective on shares of Adler Real Estate and gave the stock a buy rating in a research note on Thursday, May 2nd. Finally, HSBC set a €21.00 ($24.42) price objective on shares of Adler Real Estate and gave the stock a buy rating in a research note on Monday, July 15th. Seven analysts have rated the stock with a buy rating, The stock has a consensus rating of Buy and a consensus target price of €18.72 ($21.77).

Adler Real Estate stock opened at €11.94 ($13.88) on Thursday. The firm has a 50-day moving average of €12.09 and a 200-day moving average of €12.73. Adler Real Estate has a one year low of €11.08 ($12.88) and a one year high of €16.10 ($18.72). The company has a debt-to-equity ratio of 228.05, a current ratio of 1.66 and a quick ratio of 0.30. The company has a market cap of $817.66 million and a price-to-earnings ratio of 3.17.

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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Analyst Recommendations for Adler Real Estate (ETR:ADL)

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