DZ Bank restated their buy rating on shares of Adler Real Estate (ETR:ADL) in a research note published on Wednesday morning, Borsen Zeitung reports.

ADL has been the topic of several other reports. HSBC set a €21.00 ($24.42) price target on shares of Adler Real Estate and gave the company a buy rating in a report on Monday, July 15th. Oddo Bhf set a €15.91 ($18.50) price target on shares of Adler Real Estate and gave the company a buy rating in a report on Wednesday, June 19th. Finally, Berenberg Bank set a €17.40 ($20.23) price target on shares of Adler Real Estate and gave the company a buy rating in a report on Thursday, May 2nd. Seven analysts have rated the stock with a buy rating, The stock currently has an average rating of Buy and an average target price of €18.72 ($21.77).

Adler Real Estate stock opened at €11.94 ($13.88) on Wednesday. The company’s fifty day simple moving average is €12.09 and its 200-day simple moving average is €12.73. The company has a quick ratio of 0.30, a current ratio of 1.66 and a debt-to-equity ratio of 228.05. Adler Real Estate has a 12 month low of €11.08 ($12.88) and a 12 month high of €16.10 ($18.72). The stock has a market cap of $817.66 million and a P/E ratio of 3.17.

About Adler Real Estate

ADLER Real Estate AG is one of the leading real estate companies in Germany. In recent years, the company has grown rapidly through acquisitions – most recently through the acquisition of almost 70 percent of the shares in Brack Capital Properties NV ADLER now holds more than 62,000 residential units , which are mainly located in the north and west of Germany and offer tenants with medium to low income an affordable home.

Featured Article: How Do I Invest in Dividend Stocks

Analyst Recommendations for Adler Real Estate (ETR:ADL)

Receive News & Ratings for Adler Real Estate Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Adler Real Estate and related companies with MarketBeat.com's FREE daily email newsletter.