ADO Properties (ADJ) Given a €59.40 Price Target by Credit Suisse Group Analysts
ADO Properties (ETR:ADJ) received a €59.40 ($67.50) target price from equities researchers at Credit Suisse Group in a research report issued on Thursday. The brokerage currently has a “buy” rating on the stock. Credit Suisse Group’s price objective would suggest a potential upside of 12.61% from the company’s previous close.
A number of other brokerages have also commented on ADJ. Jefferies Financial Group set a €42.00 ($47.73) price target on ADO Properties and gave the stock a “neutral” rating in a research note on Wednesday. UBS Group set a €65.00 ($73.86) price target on ADO Properties and gave the stock a “buy” rating in a research note on Wednesday. Finally, Deutsche Bank set a €54.00 ($61.36) price target on ADO Properties and gave the stock a “buy” rating in a research note on Tuesday, July 24th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company. ADO Properties presently has a consensus rating of “Hold” and a consensus price target of €50.80 ($57.73).
Shares of ADJ stock opened at €52.75 ($59.94) on Thursday. ADO Properties has a 52 week low of €32.39 ($36.81) and a 52 week high of €46.20 ($52.50).
ADO Properties SA, together with its subsidiaries, operates as a residential real estate company in Germany. The company operates through Residential Property Management and Privatization segments. It is involved in the rental and management of residential properties, including modernization and maintenance of residential properties, management of tenancy agreements, and marketing of residential units.
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