Drillisch AG (DRI) Given Consensus Recommendation of “Buy” by Brokerages
Shares of Drillisch AG (ETR:DRI) have earned a consensus rating of “Buy” from the eighteen brokerages that are currently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and thirteen have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is €63.38 ($75.45).
Several research firms have recently commented on DRI. UBS Group restated a “buy” rating on shares of Drillisch in a report on Friday, October 27th. Macquarie set a €57.00 ($67.86) price target on shares of Drillisch and gave the company a “neutral” rating in a report on Thursday, October 12th. Oddo Bhf set a €61.00 ($72.62) price target on shares of Drillisch and gave the company a “buy” rating in a report on Thursday, November 16th. Barclays set a €75.00 ($89.29) price target on shares of Drillisch and gave the company a “buy” rating in a report on Tuesday, November 21st. Finally, Goldman Sachs Group set a €75.00 ($89.29) price target on shares of Drillisch and gave the company a “buy” rating in a report on Thursday, November 23rd.
Drillisch (ETR:DRI) opened at €69.15 ($82.32) on Tuesday. Drillisch has a 52-week low of €5.25 ($6.25) and a 52-week high of €69.35 ($82.56). The firm has a market cap of $12,220.00 and a P/E ratio of 61.74.
Drillisch AG, 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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