Deutsche Bank Analysts Give ADO Properties (ADJ) a €54.00 Price Target

ADO Properties (ETR:ADJ) received a €54.00 ($64.29) target price from analysts at Deutsche Bank in a note issued to investors on Tuesday. The firm currently has a “buy” rating on the stock. Deutsche Bank’s price target would indicate a potential upside of 24.42% from the company’s current price.

A number of other analysts have also recently commented on ADJ. Credit Suisse Group set a €45.00 ($53.57) price target on ADO Properties and gave the stock a “buy” rating in a research report on Wednesday, September 13th. set a €43.50 ($51.79) price target on ADO Properties and gave the stock a “buy” rating in a research report on Thursday, September 14th. UBS Group set a €50.00 ($59.52) price target on ADO Properties and gave the stock a “buy” rating in a research report on Wednesday, November 15th. Commerzbank set a €44.00 ($52.38) price target on ADO Properties and gave the stock a “neutral” rating in a research report on Tuesday, November 21st. Finally, Barclays set a €39.10 ($46.55) price target on ADO Properties and gave the stock a “sell” rating in a research report on Monday, December 11th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of €46.35 ($55.18).

Shares of ADO Properties (ETR:ADJ) opened at €43.40 ($51.67) on Tuesday. ADO Properties has a 12-month low of €32.32 ($38.48) and a 12-month high of €45.11 ($53.70). The company has a market capitalization of $1,910.00 and a P/E ratio of 4.54.

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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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