ADO Properties (ADJ) Given a €54.00 Price Target by Deutsche Bank Analysts

ADO Properties (ETR:ADJ) has been given a €54.00 ($64.29) target price by equities research analysts at Deutsche Bank in a report released on Tuesday. The brokerage presently has a “buy” rating on the stock. Deutsche Bank’s target price would suggest a potential upside of 24.64% from the company’s current price.

A number of other analysts have also weighed in on the stock. UBS set a €50.00 ($59.52) target price on shares of ADO Properties and gave the stock a “buy” rating in a report on Wednesday, November 15th. set a €46.00 ($54.76) target price on shares of ADO Properties and gave the stock a “neutral” rating in a report on Monday, October 16th. Barclays set a €39.10 ($46.55) target price on shares of ADO Properties and gave the stock a “sell” rating in a report on Monday. Credit Suisse Group set a €45.00 ($53.57) target price on shares of ADO Properties and gave the stock a “buy” rating in a report on Friday, September 1st. Finally, Commerzbank set a €44.00 ($52.38) target price on shares of ADO Properties and gave the stock a “neutral” rating in a report on Tuesday, November 21st. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of €46.35 ($55.18).

Shares of ADO Properties (ETR:ADJ) traded down €1.17 ($1.39) during trading hours on Tuesday, hitting €43.33 ($51.58). The stock had a trading volume of 45,021 shares, compared to its average volume of 54,994. ADO Properties has a 52-week low of €29.45 ($35.06) and a 52-week high of €44.80 ($53.33).

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About ADO Properties

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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