Rocket Internet SE (RKET) PT Set at €37.00 by Warburg Research

Rocket Internet SE (FRA:RKET) received a €37.00 ($44.05) price target from stock analysts at Warburg Research in a report issued on Monday. The brokerage currently has a “buy” rating on the stock.

Other research analysts also recently issued reports about the company. Berenberg Bank set a €53.00 ($63.10) price target on Rocket Internet SE and gave the stock a “buy” rating in a research note on Wednesday, August 16th. Barclays PLC set a €24.15 ($28.75) price target on Rocket Internet SE and gave the stock a “buy” rating in a research note on Tuesday, June 6th. Finally, J P Morgan Chase & Co reaffirmed a “neutral” rating on shares of Rocket Internet SE in a research note on Thursday, June 1st.

Shares of Rocket Internet SE (RKET) opened at 19.89 on Monday. Rocket Internet SE has a 12 month low of €15.17 and a 12 month high of €23.32. The firm’s market cap is €3.30 billion. The company has a 50-day moving average price of €18.35 and a 200-day moving average price of €18.24.

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