Adler Real Estate AG (ADL) Given Average Rating of “Buy” by Analysts
Adler Real Estate AG (ETR:ADL) has been given an average rating of “Buy” by the seven analysts that are covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is €18.72 ($21.77).
Several equities research analysts recently commented on ADL shares. DZ Bank reaffirmed a “buy” rating on shares of Adler Real Estate in a research report on Tuesday, March 5th. HSBC set a €21.00 ($24.42) price objective on Adler Real Estate and gave the company a “buy” rating in a research report on Thursday, January 10th. Berenberg Bank set a €17.40 ($20.23) price objective on Adler Real Estate and gave the company a “buy” rating in a research report on Thursday, March 28th. Oddo Bhf set a €15.91 ($18.50) price objective on Adler Real Estate and gave the company a “neutral” rating in a research report on Friday, March 29th. Finally, Deutsche Bank set a €20.00 ($23.26) price objective on Adler Real Estate and gave the company a “buy” rating in a research report on Friday, March 29th.
ETR ADL opened at €12.78 ($14.86) on Monday. Adler Real Estate has a 12 month low of €12.12 ($14.09) and a 12 month high of €16.10 ($18.72). The firm has a market capitalization of $875.13 million and a PE ratio of 3.65. The company has a debt-to-equity ratio of 237.86, a quick ratio of 0.85 and a current ratio of 2.04.
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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