Sixt (ETR:SIX2) has been assigned a €101.00 ($117.44) target price by stock analysts at UBS Group in a research note issued on Wednesday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock. UBS Group’s price objective suggests a potential upside of 7.45% from the company’s previous close.
Other equities analysts have also issued reports about the stock. Berenberg Bank set a €72.00 ($83.72) price objective on shares of Sixt and gave the company a “buy” rating in a research report on Thursday, August 29th. Hauck & Aufhaeuser set a €100.00 ($116.28) price objective on shares of Sixt and gave the company a “buy” rating in a research report on Monday, August 12th. DZ Bank reaffirmed a “buy” rating on shares of Sixt in a research report on Friday, August 16th. Baader Bank set a €113.00 ($131.40) price objective on shares of Sixt and gave the company a “buy” rating in a research report on Wednesday. Finally, Oddo Bhf set a €115.00 ($133.72) price objective on shares of Sixt and gave the company a “buy” rating in a research report on Wednesday, August 14th. Eight equities research analysts have rated the stock with a buy rating, The company currently has a consensus rating of “Buy” and an average price target of €107.43 ($124.92).
Shares of Sixt stock traded down €0.20 ($0.23) during midday trading on Wednesday, hitting €94.00 ($109.30). The company had a trading volume of 105,224 shares, compared to its average volume of 49,244. The stock has a market cap of $2.85 billion and a price-to-earnings ratio of 18.93. The company has a quick ratio of 0.43, a current ratio of 1.83 and a debt-to-equity ratio of 278.82. The company has a fifty day simple moving average of €88.07 and a 200 day simple moving average of €90.88. Sixt has a 12-month low of €63.85 ($74.24) and a 12-month high of €103.40 ($120.23).
Sixt SE, through its subsidiaries, provides mobility services for private and business customers worldwide. It operates in two segments, Vehicle Rental and Leasing. The Vehicle 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, sports cars, SUVs, and car sharing products and transfer services.
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