ADO Properties S.A. (ETR:ADJ) has been given a €44.00 ($51.76) price objective by stock analysts at Commerzbank Ag in a report released on Tuesday. The firm presently has a “neutral” rating on the stock. Commerzbank Ag’s price target would indicate a potential upside of 1.76% from the company’s current price.
A number of other brokerages have also recently issued reports on ADJ. UBS AG set a €50.00 ($58.82) price target on shares of ADO Properties and gave the stock a “buy” rating in a research note on Wednesday, November 15th. Deutsche Bank AG set a €54.00 ($63.53) price target on shares of ADO Properties and gave the stock a “buy” rating in a research note on Thursday, November 16th. set a €46.00 ($54.12) price target on shares of ADO Properties and gave the stock a “neutral” rating in a research note on Monday, October 16th. Finally, Credit Suisse Group set a €45.00 ($52.94) price target on shares of ADO Properties and gave the stock a “buy” rating in a research note on Wednesday, September 13th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of €46.13 ($54.27).
ADO Properties (ETR ADJ) opened at €43.24 ($50.87) on Tuesday. ADO Properties has a one year low of €29.45 ($34.65) and a one year high of €44.21 ($52.01).
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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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