Analysts Set ADO Properties SA (ADJ) Target Price at $48.75

ADO Properties SA (ETR:ADJ) has earned an average recommendation of “Hold” from the eight ratings firms that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and three have given a buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is €50.00 ($58.14).

A number of research analysts recently weighed in on the stock. UBS Group set a €65.00 ($75.58) price objective on shares of ADO Properties and gave the company a “buy” rating in a research report on Thursday. Deutsche Bank set a €54.00 ($62.79) price objective on shares of ADO Properties and gave the company a “buy” rating in a research report on Tuesday, July 24th. Finally, Jefferies Financial Group set a €42.00 ($48.84) price objective on shares of ADO Properties and gave the company a “neutral” rating in a research report on Wednesday, May 16th.

ADO Properties stock traded up €0.63 ($0.73) during midday trading on Friday, reaching €50.45 ($58.66). 39,912 shares of the company traded hands, compared to its average volume of 56,857. ADO Properties has a 12 month low of €32.39 ($37.66) and a 12 month 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: Market Capitalization

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