Drillisch AG (DRI) Given Consensus Rating of “Buy” by Brokerages
Shares of Drillisch AG (ETR:DRI) have earned a consensus recommendation of “Buy” from the fifteen analysts that are presently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and ten have issued a buy recommendation on the company. The average 12-month target price among brokerages that have covered the stock in the last year is €61.36 ($73.04).
DRI has been the subject of a number of analyst reports. Warburg Research set a €56.00 ($66.67) price target on Drillisch AG and gave the stock a “neutral” rating in a report on Saturday, May 20th. Barclays PLC set a €70.00 ($83.33) price target on Drillisch AG and gave the stock a “buy” rating in a report on Friday, July 7th. Morgan Stanley set a €66.00 ($78.57) target price on Drillisch AG and gave the company a “buy” rating in a research note on Friday, July 21st. Berenberg Bank set a €65.00 ($77.38) target price on Drillisch AG and gave the company a “buy” rating in a research note on Saturday, May 20th. Finally, HSBC Holdings plc set a €70.00 ($83.33) target price on Drillisch AG and gave the company a “buy” rating in a research note on Saturday, May 20th.
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Drillisch AG (ETR DRI) opened at 56.00 on Wednesday. Drillisch AG has a 1-year low of €5.25 and a 1-year high of €58.92. The company’s 50 day moving average is €55.65 and its 200 day moving average is €50.72. The company has a market cap of €3.85 billion and a price-to-earnings ratio of 103.51.
About Drillisch AG
Drillisch Aktiengesellschaft, together with its subsidiaries, provides wireless and mobile virtual network services in Germany. The company operates through Online, Offline, and Miscellaneous/Holding segments. It offers mobile voice and data services. The company also provides custom software solutions, maintenance and support services, and holding and mobile services.
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