Baader Bank Reiterates €112.00 Price Target for Sixt (SIX2)
Sixt (ETR:SIX2) has been assigned a €112.00 ($130.23) price objective by equities research analysts at Baader Bank in a report issued on Monday. The firm presently has a “neutral” rating on the stock. Baader Bank’s price objective points to a potential upside of 27.78% from the stock’s previous close.
Other equities research analysts have also issued reports about the stock. DZ Bank reiterated a “buy” rating on shares of Sixt in a report on Tuesday, June 26th. Warburg Research set a €98.00 ($113.95) target price on shares of Sixt and gave the stock a “neutral” rating in a report on Tuesday, June 26th. Hauck & Aufhaeuser set a €115.00 ($133.72) target price on shares of Sixt and gave the stock a “neutral” rating in a report on Wednesday, June 27th. Commerzbank set a €127.00 ($147.67) target price on shares of Sixt and gave the stock a “buy” rating in a report on Wednesday, July 25th. Finally, Oddo Bhf set a €125.00 ($145.35) target price on shares of Sixt and gave the stock a “buy” rating in a report on Monday, August 20th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of €107.43 ($124.92).
Shares of SIX2 stock traded down €0.95 ($1.10) during trading hours on Monday, hitting €87.65 ($101.92). The company had a trading volume of 58,253 shares, compared to its average volume of 49,244. Sixt has a fifty-two week low of €47.22 ($54.91) and a fifty-two week high of €92.45 ($107.50).
Sixt SE, through its subsidiaries, provides mobility services for private and business customers worldwide. It operates through two segments, Vehicle Rental and Leasing. The Rental segment rents various utility vehicles and trucks; offers international holiday car rental services; provides mobility services for business travelers, as well as for sightseeing or special occasions; and offers luxury saloons and sports cars or SUVs, car sharing products, and chauffer and transfer services.
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