Aroundtown SA (AT1) Receives Consensus Recommendation of “Buy” from Analysts

Shares of Aroundtown SA (ETR:AT1) have received an average rating of “Buy” from the fifteen research firms that are covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation and fourteen have given a buy recommendation to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is €8.61 ($10.02).

Several research analysts have issued reports on the company. Berenberg Bank set a €8.90 ($10.35) price objective on Aroundtown and gave the stock a “buy” rating in a research note on Friday, August 31st. Warburg Research set a €8.70 ($10.12) price objective on Aroundtown and gave the stock a “buy” rating in a research note on Monday, September 10th. Deutsche Bank set a €8.00 ($9.30) price objective on Aroundtown and gave the stock a “buy” rating in a research note on Tuesday, August 21st. Jefferies Financial Group set a €8.50 ($9.88) price objective on Aroundtown and gave the stock a “buy” rating in a research note on Friday, November 16th. Finally, UBS Group set a €8.50 ($9.88) price objective on Aroundtown and gave the stock a “buy” rating in a research note on Wednesday.

Aroundtown stock traded up €0.05 ($0.06) during mid-day trading on Tuesday, hitting €7.56 ($8.78). 81,010,034 shares of the company were exchanged, compared to its average volume of 3,550,000. Aroundtown has a 1-year low of €4.10 ($4.77) and a 1-year high of €6.75 ($7.85).

About Aroundtown

Aroundtown SA, together with its subsidiaries, operates as a real estate investment company primarily in Germany and the Netherlands. It invests in commercial and residential real estate properties, such as office, hotel, logistics, wholesale, retail, and other properties. The company was formerly known as Aroundtown Property Holdings PLC and changed its name to Aroundtown SA in September 2017.

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Analyst Recommendations for Aroundtown (ETR:AT1)

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