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.
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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