ADO Properties (ADJ) Given a €65.00 Price Target at UBS Group
ADO Properties (ETR:ADJ) received a €65.00 ($75.58) price target from investment analysts at UBS Group in a research note issued on Wednesday, www.boersen-zeitung.de reports. The brokerage presently has a “buy” rating on the stock. UBS Group’s price target indicates a potential upside of 18.83% from the company’s previous close.
Several other research firms also recently issued reports on ADJ. Deutsche Bank set a €54.00 ($62.79) price objective on ADO Properties and gave the company a “buy” rating in a report on Tuesday, August 21st. Barclays set a €43.00 ($50.00) price objective on ADO Properties and gave the company a “sell” rating in a report on Thursday, August 16th. Credit Suisse Group set a €59.40 ($69.07) price objective on ADO Properties and gave the company a “buy” rating in a report on Thursday, August 16th. Finally, Jefferies Financial Group set a €42.00 ($48.84) price objective on ADO Properties and gave the company a “neutral” rating in a report on Wednesday, August 15th. One analyst has rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of €50.80 ($59.07).
ADJ stock opened at €54.70 ($63.60) on Wednesday. ADO Properties has a 12-month low of €32.39 ($37.66) and a 12-month high of €46.20 ($53.72).
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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