Shares of Hochtief Ag (FRA:HOT) have earned a consensus recommendation of “Buy” from the nine brokerages that are currently covering the firm, MarketBeat.com reports. Four research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is €139.22 ($161.89).
Several research analysts have recently weighed in on HOT shares. Independent Research set a €129.00 ($150.00) price objective on shares of Hochtief and gave the stock a “buy” rating in a research note on Thursday, July 25th. HSBC set a €157.00 ($182.56) price objective on shares of Hochtief and gave the stock a “buy” rating in a research note on Friday, August 23rd. Finally, Nord/LB set a €100.00 ($116.28) price objective on shares of Hochtief and gave the stock a “neutral” rating in a research note on Wednesday, August 28th.
Shares of Hochtief stock traded up €1.00 ($1.16) during trading on Monday, hitting €107.00 ($124.42). 92,416 shares of the stock were exchanged. The company has a fifty day moving average price of €103.83 and a 200-day moving average price of €110.26. Hochtief has a 1-year low of €128.00 ($148.84) and a 1-year high of €175.00 ($203.49).
HOCHTIEF Aktiengesellschaft engages in the construction business worldwide. The company operates through HOCHTIEF Americas, HOCHTIEF Asia Pacific, and HOCHTIEF Europe divisions. The HOCHTIEF Americas division provides building and infrastructure construction services primarily in the United States and Canada, including public buildings, office properties, sports facilities, educational and healthcare properties, transportation infrastructure, hydroelectric power stations, and dams.
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