MLP AG (MLP) Given a €6.00 Price Target at Independent Research GmbH
MLP AG (ETR:MLP) has been assigned a €6.00 ($6.59) target price by equities researchers at Independent Research GmbH in a note issued to investors on Saturday. The brokerage currently has a “neutral” rating on the stock.
Separately, Hauck & Aufhaeuser set a €7.80 ($8.57) target price on shares of MLP AG and gave the company a “buy” rating in a research report on Saturday.
MLP AG (ETR:MLP) traded up 0.620% during midday trading on Friday, reaching €5.838. 1,835 shares of the company’s stock were exchanged. MLP AG has a 12-month low of €2.96 and a 12-month high of €6.03. The stock has a market capitalization of €638.29 million and a price-to-earnings ratio of 38.408. The stock’s 50-day moving average is €5.75 and its 200-day moving average is €4.86.
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