Adler Real Estate (ETR:ADL) received a €15.91 ($18.50) target price from analysts at Oddo Bhf in a note issued to investors on Monday. The brokerage presently has a “neutral” rating on the stock. Oddo Bhf’s price target suggests a potential upside of 1.47% from the stock’s previous close.

Several other equities analysts also recently commented on the stock. equinet set a €18.00 ($20.93) price target on shares of Adler Real Estate and gave the stock a “buy” rating in a research note on Monday. Berenberg Bank set a €17.40 ($20.23) price target on shares of Adler Real Estate and gave the stock a “buy” rating in a research note on Friday, August 31st. Deutsche Bank set a €20.00 ($23.26) price target on shares of Adler Real Estate and gave the stock a “buy” rating in a research note on Wednesday, August 29th. Finally, DZ Bank restated a “buy” rating on shares of Adler Real Estate in a research note on Friday, May 18th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Adler Real Estate currently has an average rating of “Buy” and a consensus target price of €17.12 ($19.90).

Adler Real Estate stock opened at €15.68 ($18.23) on Monday. Adler Real Estate has a fifty-two week low of €11.78 ($13.70) and a fifty-two week high of €14.51 ($16.87).

Adler Real Estate Company Profile

Until the end of 2017, the business model of ADLER Real Estate AG comprised two fields of activity ? Rental (investment properties) and Trading (inventory properties). Since ADLER ceased its trading activities the focus is solely on rental business. The business model has thus been simplified. From letting the portfolios, ADLER Real Estate AG aims to generate sufficient long-term gross rental income in order to cover all letting-related expenses and prospectively enable the company to pay a dividend to its shareholders.

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Analyst Recommendations for Adler Real Estate (ETR:ADL)

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