Baader Bank Reiterates €2.40 Price Target for Heidelberger Druckmaschinen Aktiengesellschaft (ETR:HDD)

Heidelberger Druckmaschinen Aktiengesellschaft (ETR:HDDGet Rating) received a €2.40 ($2.55) target price from stock analysts at Baader Bank in a research report issued on Wednesday, Borsen Zeitung reports. Baader Bank’s price objective suggests a potential upside of 33.63% from the company’s current price.

Separately, Warburg Research set a €2.50 ($2.66) price target on Heidelberger Druckmaschinen Aktiengesellschaft in a research report on Thursday, May 5th.

Shares of HDD traded down €0.05 ($0.05) during midday trading on Wednesday, reaching €1.80 ($1.91). 859,380 shares of the stock were exchanged, compared to its average volume of 1,950,000. Heidelberger Druckmaschinen Aktiengesellschaft has a 52 week low of €1.58 ($1.68) and a 52 week high of €3.14 ($3.34). The company has a current ratio of 1.43, a quick ratio of 0.68 and a debt-to-equity ratio of 121.74. The company’s 50 day moving average is €2.20 and its two-hundred day moving average is €2.47. The company has a market capitalization of $546.59 million and a P/E ratio of -94.53.

Heidelberger Druckmaschinen Aktiengesellschaft Company Profile (Get Rating)

Heidelberger Druckmaschinen Aktiengesellschaft, together with its subsidiaries, manufactures, sells, and deals in printing press and other print media industry products in Europe, the Middle East, Africa, Asia/Pacific, Eastern Europe, North America, and South America. It operates through Heidelberg Digital Technology, Heidelberg Lifecycle Solutions, and Heidelberg Financial Services segments.

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