Aroundtown (ETR:AT1) has been assigned a €8.50 ($9.88) price objective by stock analysts at Jefferies Financial Group in a report issued on Tuesday, May 7th, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. Jefferies Financial Group’s price target would indicate a potential upside of 10.08% from the stock’s previous close.
A number of other brokerages also recently issued reports on AT1. JPMorgan Chase & Co. set a €8.75 ($10.17) target price on Aroundtown and gave the stock a “buy” rating in a research note on Friday, March 22nd. UBS Group set a €8.50 ($9.88) target price on Aroundtown and gave the stock a “buy” rating in a research note on Thursday, March 21st. Deutsche Bank set a €9.50 ($11.05) price target on Aroundtown and gave the stock a “buy” rating in a report on Tuesday, March 19th. HSBC set a €9.00 ($10.47) price target on Aroundtown and gave the stock a “buy” rating in a report on Wednesday, March 20th. Finally, Goldman Sachs Group set a €8.20 ($9.53) price target on Aroundtown and gave the stock a “buy” rating in a report on Wednesday, March 20th. Two equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. Aroundtown currently has an average rating of “Buy” and a consensus target price of €8.55 ($9.94).
Shares of ETR:AT1 traded up €0.34 ($0.40) on Tuesday, hitting €7.72 ($8.98). 3,788,959 shares of the company’s stock were exchanged, compared to its average volume of 3,550,000. The company has a debt-to-equity ratio of 75.79, a quick ratio of 3.09 and a current ratio of 3.47. The stock has a market cap of $8.65 billion and a P/E ratio of 5.18. Aroundtown has a 1-year low of €6.79 ($7.90) and a 1-year high of €7.92 ($9.20).
Aroundtown SA, together with its subsidiaries, operates as a real estate investment company in Germany, the Netherlands, the United Kingdom, and internationally. It invests in commercial and residential real estate properties, such as office, hotel, logistics, wholesale, retail, and other properties.
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