ADO Properties SA (ADJ) Receives Consensus Rating of “Buy” from Brokerages

ADO Properties SA (ETR:ADJ) has been assigned an average recommendation of “Buy” from the eight brokerages that are covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is €54.48 ($63.35).

Several equities analysts have weighed in on ADJ shares. Hauck & Aufhaeuser set a €58.50 ($68.02) price target on shares of ADO Properties and gave the company a “buy” rating in a report on Thursday, September 6th. UBS Group set a €65.00 ($75.58) price target on shares of ADO Properties and gave the company a “buy” rating in a report on Wednesday, September 5th. Deutsche Bank set a €54.00 ($62.79) price target on shares of ADO Properties and gave the company a “buy” rating in a report on Tuesday, August 21st. HSBC set a €60.00 ($69.77) price target on shares of ADO Properties and gave the company a “buy” rating in a report on Monday, October 29th. Finally, Credit Suisse Group set a €59.40 ($69.07) price target on shares of ADO Properties and gave the company a “buy” rating in a report on Thursday, August 16th.

Shares of ETR:ADJ opened at €47.20 ($54.88) on Friday. ADO Properties has a 1-year low of €32.39 ($37.66) and a 1-year high of €46.20 ($53.72).

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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Analyst Recommendations for ADO Properties (ETR:ADJ)

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