JPMorgan Chase & Co. Reiterates €8.25 Price Target for Aroundtown (ETR:AT1)

JPMorgan Chase & Co. set a €8.25 ($9.59) target price on Aroundtown (ETR:AT1) in a research report sent to investors on Wednesday, June 5th, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

A number of other research analysts also recently commented on AT1. Berenberg Bank set a €9.20 ($10.70) target price on Aroundtown and gave the company a buy rating in a research report on Wednesday, May 29th. Kepler Capital Markets set a €8.50 ($9.88) price target on Aroundtown and gave the stock a buy rating in a research report on Tuesday, June 4th. Jefferies Financial Group set a €8.50 ($9.88) price target on Aroundtown and gave the stock a buy rating in a research report on Thursday, March 28th. Deutsche Bank set a €9.00 ($10.47) price target on Aroundtown and gave the stock a buy rating in a research report on Thursday, May 2nd. Finally, Hauck & Aufhaeuser set a €8.85 ($10.29) price target on Aroundtown and gave the stock a buy rating in a research report on Tuesday, June 4th. Two equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The company presently has an average rating of Buy and a consensus price target of €8.61 ($10.01).

Shares of ETR AT1 traded up €0.06 ($0.07) during midday trading on Wednesday, reaching €7.25 ($8.43). 3,063,282 shares of the stock traded hands, compared to its average volume of 3,550,000. The company has a quick ratio of 5.50, a current ratio of 6.00 and a debt-to-equity ratio of 82.47. The company has a market capitalization of $8.12 billion and a PE ratio of 4.72. Aroundtown has a one year low of €6.86 ($7.97) and a one year high of €7.92 ($9.20). The stock has a 50 day moving average of €7.57.

About Aroundtown

Aroundtown SA, together with its subsidiaries, operates as a real estate investment company in Germany, the Netherlands, the United Kingdom, and internationally. It invests in commercial and residential real estate properties, such as office, hotel, logistics, wholesale, retail, and other properties.

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Analyst Recommendations for Aroundtown (ETR:AT1)

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