HORNBACH Holding AG & Co. KGaA (ETR:HBH) Shares Down 0.4%

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HORNBACH Holding AG & Co. KGaA (ETR:HBH)’s share price dropped 0.4% during mid-day trading on Wednesday . The stock traded as low as €49.80 ($57.91) and last traded at €50.00 ($58.14), approximately 16,941 shares traded hands during trading. An increase of 19% from the average daily volume of 14,225 shares. The stock had previously closed at €50.20 ($58.37).

A number of equities analysts have commented on HBH shares. Oddo Bhf set a €62.00 ($72.09) target price on shares of HORNBACH Holding AG & Co. KGaA and gave the stock a “buy” rating in a research note on Tuesday, July 2nd. DZ Bank reaffirmed a “neutral” rating on shares of HORNBACH Holding AG & Co. KGaA in a research note on Monday, July 1st. Finally, Warburg Research set a €71.00 ($82.56) price objective on HORNBACH Holding AG & Co. KGaA and gave the company a “buy” rating in a report on Friday, June 28th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of €68.00 ($79.07).

The company has a debt-to-equity ratio of 102.99, a current ratio of 1.44 and a quick ratio of 0.48. The business’s 50 day simple moving average is €48.12 and its 200 day simple moving average is €47.39. The stock has a market cap of $801.96 million and a P/E ratio of 11.05.

HORNBACH Holding AG & Co. KGaA Company Profile (ETR:HBH)

Hornbach Holding AG & Co KGaA, through its subsidiaries, operates do-it-yourself (DIY) megastores with garden centers in Germany and internationally. The company's stores offer approximately 50,000 articles in various divisions, including hardware/electrical, paint/wallpaper/flooring, construction materials/timber/prefabricated components, sanitary/tiles, and garden.

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