Brokerages Set Sartorius AG (SRT3) Target Price at $84.29

Shares of Sartorius AG (FRA:SRT3) have been assigned an average recommendation of “Hold” from the seven research firms that are covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating on the company. The average 1 year price objective among brokerages that have covered the stock in the last year is €84.29 ($99.16).

A number of brokerages have issued reports on SRT3. Deutsche Bank AG set a €89.00 ($104.71) price target on shares of Sartorius AG and gave the company a “neutral” rating in a research note on Monday, July 24th. Berenberg Bank set a €90.00 ($105.88) price target on shares of Sartorius AG and gave the company a “buy” rating in a research note on Monday, August 7th. Kepler Capital Markets set a €64.00 ($75.29) price target on shares of Sartorius AG and gave the company a “neutral” rating in a research note on Friday, July 21st. Commerzbank Ag set a €87.00 ($102.35) price target on shares of Sartorius AG and gave the company a “neutral” rating in a research note on Wednesday, September 13th. Finally, UBS AG set a €85.00 ($100.00) price target on shares of Sartorius AG and gave the company a “neutral” rating in a research note on Wednesday, July 5th.

Shares of Sartorius AG (SRT3) traded down 1.75% during midday trading on Friday, reaching €82.22. 317 shares of the company traded hands. The company has a 50 day moving average price of €82.84 and a 200 day moving average price of €84.59. The company has a market capitalization of €5.62 billion and a PE ratio of 54.63. Sartorius AG has a 1-year low of €63.05 and a 1-year high of €94.00.

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