Barclays Reiterates €65.00 Price Target for 1&1 Drillisch (DRI)
1&1 Drillisch (ETR:DRI) received a €65.00 ($75.58) target price from analysts at Barclays in a research note issued to investors on Thursday. The firm presently has a “buy” rating on the stock. Barclays’ price target would indicate a potential upside of 63.40% from the stock’s previous close.
Several other equities analysts have also issued reports on the stock. DZ Bank reissued a “buy” rating on shares of 1&1 Drillisch in a report on Friday, June 15th. Warburg Research set a €70.00 ($81.40) price target on shares of 1&1 Drillisch and gave the company a “buy” rating in a report on Tuesday, June 26th. Commerzbank set a €60.00 ($69.77) price target on shares of 1&1 Drillisch and gave the company a “neutral” rating in a report on Wednesday, June 27th. Goldman Sachs Group set a €73.00 ($84.88) price target on shares of 1&1 Drillisch and gave the company a “buy” rating in a report on Wednesday, June 27th. Finally, Kepler Capital Markets set a €72.00 ($83.72) price target on shares of 1&1 Drillisch and gave the company a “buy” rating in a report on Thursday, June 28th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and twelve have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of €64.57 ($75.08).
Shares of 1&1 Drillisch stock opened at €39.78 ($46.26) on Thursday. 1&1 Drillisch has a 52 week low of €5.25 ($6.10) and a 52 week high of €72.65 ($84.48).
1&1 Drillisch AG operates as a telecommunications provider in Germany. The company provides its customers with a portfolio of services and products from the fields of DSL, mobile voice, and data services. It markets postpaid and prepaid products in the networks of Telefónica and Vodafone, as well as landline and DSL products, including the related applications, such as home networking, online storage, telephony, and video on demand or IPTV.
Further Reading: Market Capitalization and Individual Investors
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