Warburg Research Reiterates €120.00 Price Target for Sixt (ETR:SIX2)

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Warburg Research set a €120.00 ($139.53) price target on Sixt (ETR:SIX2) in a research note issued to investors on Monday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

Several other research firms have also issued reports on SIX2. UBS Group set a €89.00 ($103.49) target price on Sixt and gave the stock a buy rating in a report on Tuesday, August 13th. Baader Bank set a €113.00 ($131.40) price objective on Sixt and gave the stock a buy rating in a research report on Tuesday, August 13th. Oddo Bhf set a €115.00 ($133.72) price objective on Sixt and gave the stock a buy rating in a research report on Wednesday, August 14th. Hauck & Aufhaeuser set a €100.00 ($116.28) price objective on Sixt and gave the stock a buy rating in a research report on Monday, August 12th. Finally, DZ Bank restated a buy rating on shares of Sixt in a research report on Friday, August 16th. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. The stock has a consensus rating of Buy and a consensus target price of €108.29 ($125.91).

SIX2 opened at €81.45 ($94.71) on Monday. The firm has a market cap of $2.47 billion and a P/E ratio of 16.40. Sixt has a 52-week low of €63.85 ($74.24) and a 52-week high of €119.70 ($139.19). The company has a debt-to-equity ratio of 278.82, a quick ratio of 0.43 and a current ratio of 1.83. The business’s fifty day moving average is €90.53 and its 200-day moving average is €91.03.

About Sixt

Sixt SE, through its subsidiaries, provides mobility services for private and business customers worldwide. It operates in two segments, Vehicle Rental and Leasing. The Vehicle Rental segment rents various utility vehicles and trucks; offers international holiday car rental services; provides mobility services for business travelers, as well as for sightseeing or special occasions; and offers luxury saloons, sports cars, SUVs, and car sharing products and transfer services.

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