ADO Properties SA (ETR:ADJ) Given Consensus Recommendation of “Buy” by Brokerages

ADO Properties SA (ETR:ADJ) has been assigned an average rating of “Buy” from the eight research firms that are covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is €46.59 ($54.17).

ADJ has been the topic of a number of recent research reports. UBS Group set a €50.00 ($58.14) price target on ADO Properties and gave the stock a “buy” rating in a research report on Wednesday, September 4th. Credit Suisse Group set a €34.20 ($39.77) price target on ADO Properties and gave the stock a “neutral” rating in a research report on Wednesday, September 18th. HSBC set a €50.00 ($58.14) price target on ADO Properties and gave the stock a “buy” rating in a research report on Monday, July 15th. Barclays set a €38.00 ($44.19) price target on ADO Properties and gave the stock a “buy” rating in a research report on Monday, September 9th. Finally, Jefferies Financial Group set a €46.00 ($53.49) price target on ADO Properties and gave the stock a “buy” rating in a research report on Monday, September 30th.

Shares of ADJ traded up €0.18 ($0.21) during midday trading on Friday, reaching €38.92 ($45.26). 227,417 shares of the stock were exchanged, compared to its average volume of 56,857. ADO Properties has a 52 week low of €33.98 ($39.51) and a 52 week high of €54.30 ($63.14). The company has a current ratio of 1.57, a quick ratio of 1.02 and a debt-to-equity ratio of 73.25. The company’s 50 day moving average is €37.04 and its two-hundred day moving average is €42.30. The company has a market capitalization of $1.72 billion and a P/E ratio of 3.84.

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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Analyst Recommendations for ADO Properties (ETR:ADJ)

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