Corestate Capital (ETR:CCAP) received a €58.00 ($67.44) price target from investment analysts at Berenberg Bank in a research note issued to investors on Thursday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. Berenberg Bank’s price target indicates a potential upside of 58.69% from the stock’s previous close.
A number of other research analysts have also issued reports on the stock. Jefferies Financial Group set a €65.00 ($75.58) target price on shares of Corestate Capital and gave the company a “buy” rating in a research note on Tuesday, November 12th. Hauck & Aufhaeuser set a €50.00 ($58.14) price target on shares of Corestate Capital and gave the company a “buy” rating in a research note on Thursday, November 21st. Kepler Capital Markets set a €70.00 ($81.40) price target on Corestate Capital and gave the company a “buy” rating in a report on Tuesday, November 12th. Finally, Baader Bank set a €50.00 ($58.14) price objective on Corestate Capital and gave the stock a “buy” rating in a report on Tuesday, November 12th. Six equities research analysts have rated the stock with a buy rating, The company has a consensus rating of “Buy” and a consensus target price of €56.67 ($65.89).
CCAP stock opened at €36.55 ($42.50) on Thursday. The company has a debt-to-equity ratio of 98.24, a quick ratio of 0.90 and a current ratio of 1.48. The stock has a market capitalization of $759.10 million and a price-to-earnings ratio of 10.35. Corestate Capital has a 1 year low of €25.45 ($29.59) and a 1 year high of €39.60 ($46.05). The stock’s fifty day moving average is €33.52 and its two-hundred day moving average is €32.22.
CORESTATE Capital Holding SA is a real estate investment firm specializing in investments in small to medium sized residential portfolios and commercial real estate markets. The firm seeks to invest in an "anti-cyclical" manner in Europe and expand its club-style deals from purely opportunistic to core-plus and value-add investments.
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