Dragerwerk AG & Co. KGaA (DRW3) Given a €75.00 Price Target by Berenberg Bank Analysts
Dragerwerk AG & Co. KGaA (ETR:DRW3) has been assigned a €75.00 ($89.29) price target by equities research analysts at Berenberg Bank in a note issued to investors on Thursday. The firm currently has a “neutral” rating on the stock. Berenberg Bank’s target price points to a potential upside of 6.49% from the company’s previous close.
Several other equities analysts have also recently weighed in on DRW3. Nord/LB set a €108.00 ($128.57) price objective on shares of Dragerwerk AG & Co. KGaA and gave the stock a “buy” rating in a research note on Friday, November 3rd. Warburg Research set a €96.00 ($114.29) price objective on shares of Dragerwerk AG & Co. KGaA and gave the stock a “neutral” rating in a research note on Thursday, November 2nd. Deutsche Bank set a €95.00 ($113.10) price objective on shares of Dragerwerk AG & Co. KGaA and gave the stock a “neutral” rating in a research note on Tuesday, October 24th. Kepler Capital Markets set a €116.00 ($138.10) price objective on shares of Dragerwerk AG & Co. KGaA and gave the stock a “buy” rating in a research note on Thursday, October 12th. Finally, DZ Bank reiterated a “neutral” rating on shares of Dragerwerk AG & Co. KGaA in a research note on Tuesday, August 22nd. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of €82.40 ($98.10).
Dragerwerk AG & Co. KGaA (ETR:DRW3) traded up €0.24 ($0.29) during midday trading on Thursday, reaching €70.43 ($83.85). 29,229 shares of the company’s stock were exchanged, compared to its average volume of 66,020. Dragerwerk AG & Co. KGaA has a 12 month low of €69.80 ($83.10) and a 12 month high of €107.00 ($127.38).
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Dragerwerk AG & Co KGaA develops equipment and solutions in the fields of medical and safety technology in Europe, Americas, Africa, Asia, and Australia. The company develops, produces, and markets system solutions, equipment, and services for acute point of care, including perioperative care, neonatal care, emergency care, critical care, and perinatal care.
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