alstria office REIT-AG (AOX) Receives Average Rating of “Buy” from Analysts

alstria office REIT-AG (ETR:AOX) has been given an average rating of “Buy” by the fourteen brokerages that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and eight have given a buy rating to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is €14.04 ($16.33).

A number of analysts have recently weighed in on AOX shares. Deutsche Bank set a €12.50 ($14.53) price objective on alstria office REIT and gave the stock a “neutral” rating in a research report on Wednesday, November 7th. Jefferies Financial Group set a €16.00 ($18.60) target price on shares of alstria office REIT and gave the stock a “buy” rating in a research note on Monday, December 17th. Oddo Bhf set a €13.60 ($15.81) target price on shares of alstria office REIT and gave the stock a “neutral” rating in a research note on Wednesday, November 7th. Goldman Sachs Group set a €14.90 ($17.33) target price on shares of alstria office REIT and gave the stock a “buy” rating in a research note on Tuesday, November 6th. Finally, Nord/LB set a €12.58 ($14.63) target price on shares of alstria office REIT and gave the stock a “neutral” rating in a research note on Tuesday, November 6th.

Shares of alstria office REIT stock traded up €0.16 ($0.19) during trading hours on Friday, reaching €12.46 ($14.49). 248,258 shares of the company were exchanged, compared to its average volume of 583,070. alstria office REIT has a 1 year low of €11.19 ($13.01) and a 1 year high of €13.49 ($15.69).

About alstria office REIT

Alstria office REIT-AG is an internally managed Real Estate Investment Trust (REIT) focused solely on acquiring, owning and managing office real estate in Germany. alstria was founded in January 2006 and was converted into the first German REIT in October 2007. Its headquarters are in Hamburg. The combination of alstria and Deutsche Office creates the leading listed German office real estate company with a combined portfolio of 117 office buildings comprising 1.6 million sqm of lettable space and representing a total portfolio value of approximately EUR 3.5 billion (as of September 30, 2018).

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Analyst Recommendations for alstria office REIT (ETR:AOX)

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