UBS AG Reiterates “€56.00” Price Target for Sixt SE (SIX2)
Sixt SE (ETR:SIX2) has been given a €56.00 ($65.88) target price by investment analysts at UBS AG in a report released on Monday, www.boersen-zeitung.de reports. The firm currently has a “buy” rating on the stock.
Several other equities research analysts also recently weighed in on SIX2. Warburg Research set a €65.00 ($76.47) price target on shares of Sixt SE and gave the company a “buy” rating in a research note on Tuesday, July 11th. Commerzbank Ag set a €65.00 ($76.47) price target on shares of Sixt SE and gave the company a “buy” rating in a research note on Tuesday, July 18th. DZ Bank AG reaffirmed a “buy” rating on shares of Sixt SE in a research note on Friday, July 21st. Baader Bank set a €60.00 ($70.59) price target on shares of Sixt SE and gave the company a “neutral” rating in a research note on Monday, July 24th. Finally, Berenberg Bank set a €68.00 ($80.00) price target on shares of Sixt SE and gave the company a “buy” rating in a research note on Friday, August 18th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of €69.17 ($81.37).
Sixt SE (ETR:SIX2) opened at 73.75 on Monday. Sixt SE has a 52 week low of €46.50 and a 52 week high of €74.37. The company has a 50-day moving average of €66.91 and a 200-day moving average of €57.60. The firm has a market capitalization of €3.46 billion and a price-to-earnings ratio of 21.89.
About Sixt SE
Sixt SE, through its subsidiaries, provides mobility services for private and business customers worldwide. It operates through two segments, Vehicle Rental and Leasing. The Rental segment rents various utility vehicles and trucks; offers international holiday car rental services; provides mobility services for business travelers, as well as for sightseeing or special occasions; and offers luxury saloons and sports cars or SUVs, car sharing products, and chauffer and transfer services.
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