alstria office REIT-AG (AOX) Receives Consensus Rating of “Hold” from Analysts
Shares of alstria office REIT-AG (ETR:AOX) have earned an average rating of “Hold” from the fourteen analysts that are currently covering the company, Marketbeat reports. Eight equities research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1 year price target among analysts that have covered the stock in the last year is €14.62 ($17.00).
Several research firms have weighed in on AOX. Jefferies Financial Group set a €16.00 ($18.60) price target on alstria office REIT and gave the stock a “buy” rating in a research report on Monday, February 4th. UBS Group set a €14.80 ($17.21) price objective on alstria office REIT and gave the company a “buy” rating in a research report on Thursday, February 28th. Berenberg Bank set a €14.50 ($16.86) price objective on alstria office REIT and gave the company a “buy” rating in a research report on Wednesday, January 2nd. Warburg Research set a €14.30 ($16.63) price objective on alstria office REIT and gave the company a “buy” rating in a research report on Wednesday, December 26th. Finally, Goldman Sachs Group set a €13.60 ($15.81) price objective on alstria office REIT and gave the company a “neutral” rating in a research report on Thursday, January 24th.
alstria office REIT stock remained flat at $€14.21 ($16.52) during mid-day trading on Tuesday. The company’s stock had a trading volume of 322,127 shares, compared to its average volume of 583,070. The company has a quick ratio of 1.63, a current ratio of 1.96 and a debt-to-equity ratio of 50.31. The stock has a market capitalization of $2.52 billion and a P/E ratio of 4.74. alstria office REIT has a one year low of €11.74 ($13.65) and a one year high of €14.64 ($17.02).
Alstria office REIT-AG is an internally managed Real Estate Investment Trust (REIT) focused solely on acquiring, owning and managing office real estate in Germany. alstria was founded in January 2006 and was converted into the first German REIT in October 2007. Its headquarters are in Hamburg. The combination of alstria and Deutsche Office creates the leading listed German office real estate company with a combined portfolio of 117 office buildings comprising 1.6 million sqm of lettable space and representing a total portfolio value of approximately EUR 3.5 billion (as of September 30, 2018).
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