Berenberg Bank Reiterates €34.00 Price Target for Duerr (ETR:DUE)

Berenberg Bank set a €34.00 ($39.53) target price on Duerr (ETR:DUE) in a research report sent to investors on Thursday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

A number of other brokerages have also weighed in on DUE. UBS Group set a €32.00 ($37.21) target price on shares of Duerr and gave the company a neutral rating in a research report on Tuesday, July 23rd. Hauck & Aufhaeuser set a €41.00 ($47.67) target price on shares of Duerr and gave the company a buy rating in a research report on Tuesday, July 23rd. DZ Bank restated a buy rating on shares of Duerr in a research report on Monday, July 8th. Kepler Capital Markets set a €40.00 ($46.51) price target on shares of Duerr and gave the stock a buy rating in a report on Tuesday, June 25th. Finally, Warburg Research set a €42.00 ($48.84) price target on shares of Duerr and gave the stock a buy rating in a report on Tuesday, July 23rd. One research analyst has rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the company’s stock. Duerr currently has a consensus rating of Hold and a consensus target price of €33.57 ($39.04).

Shares of Duerr stock opened at €22.33 ($25.97) on Thursday. Duerr has a fifty-two week low of €23.11 ($26.87) and a fifty-two week high of €43.11 ($50.13). The company has a debt-to-equity ratio of 60.57, a current ratio of 1.33 and a quick ratio of 0.94. The firm has a market capitalization of $1.55 billion and a P/E ratio of 10.16. The company’s 50 day moving average price is €26.93 and its two-hundred day moving average price is €33.08.

About Duerr

Dürr Aktiengesellschaft, together with its subsidiaries, operates as a mechanical and plant engineering company worldwide. The company's Paint and Final Assembly Systems segment plans, builds, and upgrades turnkey paint shops and final assembly lines for the automotive industry; and supplies products and processes for various process stages in paint shop technology.

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