ADO Properties SA (ADJ) Receives €43.86 Consensus Price Target from Analysts

Shares of ADO Properties SA (ETR:ADJ) have been assigned a consensus rating of “Buy” from the six brokerages that are covering the firm, MarketBeat reports. Three analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is €43.86 ($51.60).

Several research firms recently weighed in on ADJ. UBS AG set a €48.00 ($56.47) price objective on shares of ADO Properties SA and gave the stock a “buy” rating in a research note on Thursday, August 17th. Commerzbank Ag set a €36.50 ($42.94) price objective on shares of ADO Properties SA and gave the stock a “neutral” rating in a research note on Tuesday, August 15th. HSBC Holdings plc set a €43.50 ($51.18) price objective on shares of ADO Properties SA and gave the stock a “buy” rating in a research note on Thursday, September 14th. Credit Suisse Group set a €45.00 ($52.94) price objective on shares of ADO Properties SA and gave the stock a “buy” rating in a research note on Wednesday, September 13th. Finally, Deutsche Bank AG set a €54.00 ($63.53) price objective on shares of ADO Properties SA and gave the stock a “buy” rating in a research note on Tuesday, September 5th.

Shares of ADO Properties SA (ETR ADJ) opened at €43.69 ($51.39) on Friday.

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About ADO Properties SA

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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