Sixt (ETR:SIX2 – Get Rating) has been assigned a €148.70 ($156.53) price objective by research analysts at Baader Bank in a report released on Thursday, Borsen Zeitung reports. Baader Bank’s price target points to a potential upside of 24.33% from the stock’s previous close.
Several other equities research analysts have also recently issued reports on the stock. Jefferies Financial Group set a €160.00 ($168.42) price objective on shares of Sixt in a research report on Thursday. Deutsche Bank Aktiengesellschaft set a €170.00 ($178.95) price target on shares of Sixt in a research note on Monday, March 7th. Berenberg Bank set a €176.00 ($185.26) price target on shares of Sixt in a research note on Wednesday, May 4th. Deutsche Bank Rese… set a €170.00 ($178.95) price target on shares of Sixt in a research note on Friday, April 29th. Finally, Warburg Research set a €187.00 ($196.84) price target on shares of Sixt in a research note on Monday, May 9th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, Sixt has an average rating of “Buy” and an average target price of €168.81 ($177.70).
Sixt stock opened at €119.60 ($125.89) on Thursday. The firm has a market cap of $3.63 billion and a PE ratio of 17.00. Sixt has a 52-week low of €103.70 ($109.16) and a 52-week high of €170.30 ($179.26). The company has a quick ratio of 0.75, a current ratio of 3.40 and a debt-to-equity ratio of 114.26. The company’s 50 day moving average is €126.94 and its two-hundred day moving average is €143.11.
Sixt SE, through its subsidiaries, provides mobility services for private and business customers in Germany and internationally. The company engages in the rental of various utility vehicles; and provision of international holiday vehicle rental, car sharing, transfer, and car subscription services. As of December 31, 2021, its corporate and franchise station network comprised approximately 900 stations.
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