MLP AG (ETR:MLP) received a €6.30 ($7.41) price objective from stock analysts at Independent Research GmbH in a research report issued to clients and investors on Tuesday. The brokerage currently has a “neutral” rating on the stock.

Other equities research analysts have also issued reports about the stock. Hauck & Aufhaeuser set a €7.80 ($9.18) price objective on shares of MLP AG and gave the company a “buy” rating in a research note on Saturday, May 20th. equinet AG set a €7.50 ($8.82) price objective on shares of MLP AG and gave the company a “buy” rating in a research note on Thursday, August 10th.

MLP AG (ETR MLP) opened at 6.157 on Tuesday. The stock’s 50 day moving average is €6.03 and its 200-day moving average is €5.70. MLP AG has a 12 month low of €3.55 and a 12 month high of €6.53. The company has a market capitalization of €673.17 million and a PE ratio of 41.047.

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About MLP AG

MLP AG is a Germany-based holding company engaged in the investment management and fund operators industries. Through its subsidiaries, the Company operates as a financial services company which offers financial products and solutions. The Company operates four business segments. The Financial Services segment provides consulting services, insurance, investments, pension provision schemes and loans, as well as contract brokering concerning these financial services, among others.

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