Analysts Set Sixt SE (SIX2) Price Target at $116.86

Shares of Sixt SE (ETR:SIX2) have received a consensus recommendation of “Buy” from the eight research firms that are presently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is €116.86 ($135.88).

Several research firms have recently issued reports on SIX2. UBS Group set a €77.00 ($89.53) price objective on shares of Sixt and gave the company a “buy” rating in a research report on Thursday, April 18th. DZ Bank reiterated a “buy” rating on shares of Sixt in a research report on Thursday, May 9th. Warburg Research set a €125.00 ($145.35) price objective on shares of Sixt and gave the company a “buy” rating in a research report on Thursday, May 9th. Baader Bank set a €113.00 ($131.40) price objective on shares of Sixt and gave the company a “buy” rating in a research report on Thursday, May 9th. Finally, Berenberg Bank set a €90.00 ($104.65) price objective on shares of Sixt and gave the company a “neutral” rating in a research report on Tuesday, March 19th.

ETR SIX2 traded down €1.20 ($1.40) on Thursday, reaching €89.50 ($104.07). 48,006 shares of the stock were exchanged, compared to its average volume of 49,244. Sixt has a one year low of €63.85 ($74.24) and a one year high of €119.70 ($139.19). The stock has a market cap of $4.20 billion and a price-to-earnings ratio of 9.86. The company has a current ratio of 2.58, a quick ratio of 0.69 and a debt-to-equity ratio of 218.57.

Sixt Company Profile

Sixt SE, through its subsidiaries, provides mobility services for private and business customers worldwide. It operates in two segments, Vehicle Rental and Leasing. The Vehicle 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, sports cars, SUVs, and car sharing products and transfer services.

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Analyst Recommendations for Sixt (ETR:SIX2)

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