ADO Properties (ETR:ADJ) Given a €56.00 Price Target at Deutsche Bank
ADO Properties (ETR:ADJ) has been assigned a €56.00 ($65.12) price objective by analysts at Deutsche Bank in a research note issued on Tuesday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. Deutsche Bank’s price objective would suggest a potential upside of 41.41% from the company’s current price.
Several other equities analysts have also recently commented on ADJ. Jefferies Financial Group set a €46.00 ($53.49) price target on shares of ADO Properties and gave the stock a “buy” rating in a research report on Monday, September 30th. HSBC set a €50.00 ($58.14) price target on shares of ADO Properties and gave the company a “buy” rating in a research note on Monday, July 15th. UBS Group set a €50.00 ($58.14) price objective on shares of ADO Properties and gave the company a “buy” rating in a research note on Wednesday, September 4th. Credit Suisse Group set a €34.20 ($39.77) target price on shares of ADO Properties and gave the stock a “neutral” rating in a report on Wednesday, September 18th. Finally, Barclays set a €38.00 ($44.19) target price on shares of ADO Properties and gave the stock a “buy” rating in a report on Monday, September 9th. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. ADO Properties presently has a consensus rating of “Buy” and an average price target of €46.84 ($54.46).
Shares of ADJ stock traded up €0.56 ($0.65) during trading hours on Tuesday, hitting €39.60 ($46.05). 165,445 shares of the company were exchanged, compared to its average volume of 56,857. The company has a debt-to-equity ratio of 73.25, a quick ratio of 1.02 and a current ratio of 1.57. ADO Properties has a one year low of €33.98 ($39.51) and a one year high of €54.30 ($63.14). The business’s 50-day simple moving average is €37.16 and its two-hundred day simple moving average is €42.03. The stock has a market capitalization of $1.76 billion and a price-to-earnings ratio of 3.91.
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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