HSBC Holdings plc Analysts Give Hamborner Reit AG (HAB) a €11.00 Price Target
Hamborner Reit AG (ETR:HAB) has been assigned a €11.00 ($13.10) price target by stock analysts at HSBC Holdings plc in a research report issued to clients and investors on Thursday. The brokerage currently has a “neutral” rating on the stock.
Several other research firms also recently weighed in on HAB. Berenberg Bank set a €12.50 ($14.88) target price on Hamborner Reit AG and gave the stock a “buy” rating in a research report on Tuesday, June 6th. National Bank Financial reiterated a “sell” rating on shares of Hamborner Reit AG in a research report on Tuesday, August 8th.
Shares of Hamborner Reit AG (HAB) traded up 0.614% on Thursday, reaching €9.013. 400 shares of the company’s stock were exchanged. The stock has a market cap of €718.49 million and a price-to-earnings ratio of 34.934. Hamborner Reit AG has a one year low of €8.35 and a one year high of €9.99. The company’s 50 day moving average is €8.99 and its 200-day moving average is €9.22.
About Hamborner Reit AG
Hamborner AG engages in the development, management, rental, and lease of real estate properties in Germany. It primarily develops and manages residential and commercial properties, and open land. The company is based in Duisburg, Germany. Hamborner AG is a former subsidiary of HSH N Real Estate AG.
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