ADO Properties SA (ADJ) Receives Average Rating of “Hold” from Brokerages

ADO Properties SA (ETR:ADJ) has received an average rating of “Hold” from the eight brokerages that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is €50.00 ($58.14).

ADJ has been the subject of several research analyst reports. UBS Group set a €65.00 ($75.58) target price on shares of ADO Properties and gave the company a “buy” rating in a research note on Thursday. Deutsche Bank set a €54.00 ($62.79) target price on shares of ADO Properties and gave the company a “buy” rating in a research note on Tuesday, May 1st. Finally, Jefferies Financial Group set a €42.00 ($48.84) target price on shares of ADO Properties and gave the company a “neutral” rating in a research note on Wednesday, May 16th.

ADO Properties traded up €0.63 ($0.73), hitting €50.45 ($58.66), during trading on Friday, according to MarketBeat.com. 39,912 shares of the company traded hands, compared to its average volume of 56,857. 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.

Recommended Story: Short Selling

Analyst Recommendations for ADO Properties (ETR:ADJ)

Receive News & Ratings for ADO Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ADO Properties and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply