ADO Properties (ADJ) Given a €60.00 Price Target by Hauck & Aufhaeuser Analysts

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Hauck & Aufhaeuser set a €60.00 ($69.77) price target on ADO Properties (ETR:ADJ) in a research report sent to investors on Thursday. The brokerage currently has a buy rating on the stock.

Several other brokerages also recently issued reports on ADJ. Barclays set a €50.00 ($58.14) target price on ADO Properties and gave the company a neutral rating in a research note on Wednesday, January 9th. Commerzbank set a €56.50 ($65.70) price objective on ADO Properties and gave the stock a neutral rating in a research note on Tuesday, November 27th. Credit Suisse Group set a €57.00 ($66.28) price objective on ADO Properties and gave the stock a neutral rating in a research note on Friday, February 1st. UBS Group set a €65.00 ($75.58) price objective on ADO Properties and gave the stock a buy rating in a research note on Wednesday, March 20th. Finally, Deutsche Bank reaffirmed a buy rating on shares of ADO Properties in a research note on Tuesday, November 27th. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company has a consensus rating of Buy and an average target price of €56.31 ($65.48).

Shares of ADJ opened at €52.50 ($61.05) on Thursday. The company has a market cap of $2.32 billion and a P/E ratio of 5.63. ADO Properties has a 12-month low of €43.22 ($50.26) and a 12-month high of €55.75 ($64.83). The company has a debt-to-equity ratio of 81.72, a quick ratio of 0.14 and a current ratio of 0.34.

About ADO Properties

ADO Properties SA, together with its subsidiaries, operates as a residential real estate company in Germany. The company operates through Residential Property Management and Privatization segments. It is involved in the rental and management of residential properties, including modernization and maintenance of residential properties, management of tenancy agreements, and marketing of residential units.

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Analyst Recommendations for ADO Properties (ETR:ADJ)

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