Barclays Reiterates “€35.00” Price Target for 1&1 Drillisch (ETR:DRI)

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1&1 Drillisch (ETR:DRI) received a €35.00 ($40.70) price target from research analysts at Barclays in a research report issued to clients and investors on Thursday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock. Barclays‘s target price indicates a potential upside of 44.03% from the company’s current price.

Several other research analysts also recently issued reports on DRI. Berenberg Bank set a €49.00 ($56.98) price target on 1&1 Drillisch and gave the stock a “buy” rating in a research note on Wednesday, September 18th. Hauck & Aufhaeuser set a €46.00 ($53.49) target price on shares of 1&1 Drillisch and gave the company a “buy” rating in a research note on Friday, October 25th. Kepler Capital Markets set a €26.00 ($30.23) target price on shares of 1&1 Drillisch and gave the company a “neutral” rating in a research note on Tuesday. Independent Research set a €30.00 ($34.88) target price on shares of 1&1 Drillisch and gave the company a “buy” rating in a research note on Wednesday. Finally, HSBC set a €26.00 ($30.23) target price on shares of 1&1 Drillisch and gave the company a “neutral” rating in a research note on Monday, October 28th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of €35.01 ($40.71).

ETR:DRI opened at €24.30 ($28.26) on Thursday. The company has a market capitalization of $4.30 billion and a PE ratio of 10.58. The company has a quick ratio of 1.74, a current ratio of 2.39 and a debt-to-equity ratio of 0.55. 1&1 Drillisch has a 52-week low of €21.16 ($24.60) and a 52-week high of €47.14 ($54.81). The stock has a fifty day simple moving average of €27.52 and a 200-day simple moving average of €28.16.

1&1 Drillisch Company Profile

1&1 Drillisch AG, together with its subsidiaries, operates as a telecommunications provider in Germany. The company operates in two segments, Access and Other. It provides its customers with a portfolio of services and products from the fields of broadband and mobile Internet. The company's mobile access and landline products include related applications, such as home networks, online storage, telephony, and video on demand or Internet protocol television.

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Analyst Recommendations for 1&1 Drillisch (ETR:DRI)

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