Adler Real Estate AG (ADL) Given a €15.20 Price Target at equinet AG

Adler Real Estate AG (ETR:ADL) has been assigned a €15.20 ($18.10) target price by equinet AG in a note issued to investors on Wednesday. The brokerage presently has a “buy” rating on the stock.

ADL has been the topic of several other research reports. Oddo Securities set a €17.50 ($20.83) price objective on shares of Adler Real Estate AG and gave the stock a “buy” rating in a research note on Saturday, May 20th. DZ Bank AG reaffirmed a “buy” rating on shares of Adler Real Estate AG in a research report on Monday, May 29th. Oddo Bhf set a €15.91 ($18.94) price target on shares of Adler Real Estate AG and gave the company a “buy” rating in a research report on Tuesday, August 15th. Jefferies Group LLC set a €14.00 ($16.67) price target on shares of Adler Real Estate AG and gave the company a “neutral” rating in a research report on Wednesday, August 16th. Finally, Berenberg Bank set a €16.20 ($19.29) price target on shares of Adler Real Estate AG and gave the company a “buy” rating in a research report on Wednesday, August 30th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of €15.44 ($18.39).

Shares of Adler Real Estate AG (ETR:ADL) opened at 13.40 on Wednesday. Adler Real Estate AG has a 52 week low of €11.48 and a 52 week high of €14.46. The firm has a market cap of €768.25 million and a P/E ratio of 8.10. The company’s 50-day moving average price is €13.54 and its 200 day moving average price is €13.38.

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About Adler Real Estate AG

ADLER Real Estate Aktiengesellschaft operates as a real estate company in Germany. The company is engaged in the acquisition, operation, and management of residential real estate properties. It is also involved in the development of residential construction sites and residential properties; and leasing and sale of commercial properties.

Analyst Recommendations for Adler Real Estate AG (ETR:ADL)

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