Sixt (ETR:SIX2) has been assigned a €77.00 ($89.53) target price by analysts at UBS Group in a research note issued on Thursday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock. UBS Group’s price target points to a potential downside of 22.22% from the stock’s previous close.
Other research analysts also recently issued reports about the stock. Warburg Research set a €112.00 ($130.23) price target on shares of Sixt and gave the stock a “buy” rating in a research report on Tuesday, March 19th. DZ Bank reiterated a “buy” rating on shares of Sixt in a research report on Tuesday, March 19th. Baader Bank set a €113.00 ($131.40) price target on shares of Sixt and gave the stock a “buy” rating in a research report on Wednesday, February 13th. Finally, Berenberg Bank set a €72.00 ($83.72) price target on shares of Sixt and gave the stock a “buy” rating in a research report on Friday, January 25th. One analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of €111.14 ($129.24).
Shares of SIX2 stock opened at €99.00 ($115.12) on Thursday. Sixt has a 12-month low of €63.85 ($74.24) and a 12-month high of €119.70 ($139.19). The company has a debt-to-equity ratio of 189.97, a quick ratio of 0.69 and a current ratio of 2.59. The company has a market capitalization of $4.65 billion and a P/E ratio of 10.92.
Sixt SE, through its subsidiaries, provides mobility services for private and business customers worldwide. It operates through two segments, Vehicle Rental and Leasing. The Rental segment rents various utility vehicles and trucks; offers international holiday car rental services; provides mobility services for business travelers, as well as for sightseeing or special occasions; and offers luxury saloons and sports cars or SUVs, car sharing products, and chauffer and transfer services.
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