ADO Properties SA (ADJ) Given Consensus Recommendation of “Buy” by Brokerages
Shares of ADO Properties SA (ETR:ADJ) have earned a consensus recommendation of “Buy” from the six brokerages that are covering the company, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12-month target price among brokerages that have covered the stock in the last year is €43.86 ($51.60).
Several research firms have recently issued reports on ADJ. HSBC Holdings plc set a €46.00 ($54.12) price target on ADO Properties SA and gave the stock a “neutral” rating in a research report on Monday, October 16th. Deutsche Bank AG set a €54.00 ($63.53) price target on ADO Properties SA and gave the stock a “buy” rating in a research report on Tuesday, September 26th. Credit Suisse Group set a €45.00 ($52.94) price target on ADO Properties SA and gave the stock a “buy” rating in a research report on Wednesday, September 13th. UBS AG restated a “buy” rating on shares of ADO Properties SA in a research report on Wednesday, August 23rd. Finally, Commerzbank Ag set a €36.50 ($42.94) price target on ADO Properties SA and gave the stock a “neutral” rating in a research report on Tuesday, August 15th.
ADO Properties SA Company Profile
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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