ADO Properties SA (ADJ) Given Consensus Recommendation of “Buy” by Brokerages
Shares of ADO Properties SA (ETR:ADJ) have earned a consensus rating of “Buy” from the six ratings firms that are currently covering the company, Marketbeat reports. Two analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is €43.36 ($51.62).
Several brokerages have recently commented on ADJ. HSBC Holdings plc set a €43.50 ($51.79) price objective on ADO Properties SA and gave the company a “buy” rating in a research report on Thursday. Credit Suisse Group set a €45.00 ($53.57) price objective on ADO Properties SA and gave the company a “buy” rating in a research report on Wednesday. Deutsche Bank AG set a €54.00 ($64.29) price objective on ADO Properties SA and gave the company a “buy” rating in a research report on Tuesday, September 5th. UBS AG reiterated a “buy” rating on shares of ADO Properties SA in a research report on Wednesday, August 23rd. Finally, Commerzbank Ag set a €36.50 ($43.45) price objective on ADO Properties SA and gave the company a “neutral” rating in a research report on Tuesday, August 15th.
ADO Properties SA (ETR:ADJ) opened at 41.188 on Thursday. The firm has a market capitalization of €1.82 billion and a price-to-earnings ratio of 4.090. The company has a 50 day moving average price of €39.67 and a 200-day moving average price of €36.76. ADO Properties SA has a 1-year low of €29.16 and a 1-year high of €41.68.
About ADO Properties SA
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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