Corestate Capital (ETR:CCAP) PT Set at €50.00 by Baader Bank
Baader Bank set a €50.00 ($58.14) price target on Corestate Capital (ETR:CCAP) in a research note released on Thursday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Several other equities research analysts have also issued reports on CCAP. Hauck & Aufhaeuser set a €45.00 ($52.33) price target on shares of Corestate Capital and gave the company a buy rating in a report on Tuesday, August 6th. Oddo Bhf set a €47.00 ($54.65) price target on shares of Corestate Capital and gave the company a buy rating in a report on Wednesday, August 14th. Berenberg Bank set a €58.00 ($67.44) target price on shares of Corestate Capital and gave the stock a buy rating in a report on Tuesday, August 13th. Finally, Jefferies Financial Group set a €65.00 ($75.58) target price on shares of Corestate Capital and gave the stock a buy rating in a report on Tuesday, August 13th. Eight investment analysts have rated the stock with a buy rating, The stock currently has a consensus rating of Buy and an average target price of €59.75 ($69.48).
Shares of Corestate Capital stock traded up €0.35 ($0.41) during midday trading on Thursday, hitting €31.70 ($36.86). 73,049 shares of the company traded hands. The stock has a market cap of $671.60 million and a price-to-earnings ratio of 6.84. The company has a debt-to-equity ratio of 123.03, a quick ratio of 0.40 and a current ratio of 1.63. The firm’s fifty day moving average price is €31.13 and its 200-day moving average price is €31.68. Corestate Capital has a 12 month low of €25.45 ($29.59) and a 12 month high of €43.35 ($50.41).
CORESTATE Capital Holding SA is a real estate investment firm specializing in investments in small to medium sized residential portfolios and commercial real estate markets. The firm seeks to invest in an "anti-cyclical" manner in Europe and expand its club-style deals from purely opportunistic to core-plus and value-add investments.
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