Draegerwerk AG & Co KGaA (ETR:DRW3) PT Set at €47.00 by Independent Research

Independent Research set a €47.00 ($54.65) target price on Draegerwerk AG & Co KGaA (ETR:DRW3) in a research note published on Wednesday morning, Borsen Zeitung reports. The firm currently has a sell rating on the stock.

A number of other research firms have also recently issued reports on DRW3. Deutsche Bank set a €46.00 ($53.49) price objective on shares of Draegerwerk AG & Co KGaA and gave the company a neutral rating in a research report on Tuesday, April 30th. Nord/LB set a €45.00 ($52.33) price objective on shares of Draegerwerk AG & Co KGaA and gave the company a neutral rating in a research report on Friday, April 26th. Hauck & Aufhaeuser set a €42.00 ($48.84) price objective on shares of Draegerwerk AG & Co KGaA and gave the company a sell rating in a research report on Monday, June 24th. Warburg Research set a €49.00 ($56.98) price objective on shares of Draegerwerk AG & Co KGaA and gave the company a neutral rating in a research report on Tuesday, July 16th. Finally, HSBC restated a hold rating on shares of Anglo American in a research report on Tuesday, April 16th. Three investment analysts have rated the stock with a sell rating and four have given a hold rating to the company. The company has a consensus rating of Hold and an average target price of €45.14 ($52.49).

DRW3 stock opened at €48.62 ($56.53) on Wednesday. The company has a 50-day moving average price of €51.84. Draegerwerk AG & Co KGaA has a 12-month low of €42.08 ($48.93) and a 12-month high of €73.00 ($84.88). The stock has a market capitalization of $369.51 million and a PE ratio of 19.64. The company has a debt-to-equity ratio of 20.16, a current ratio of 1.98 and a quick ratio of 1.17.

Draegerwerk AG & Co KGaA Company Profile

Drägerwerk AG & Co KGaA develops equipment and solutions in the fields of medical and safety technology in Europe, Americas, Africa, Asia, and Australia. The company develops, produces, and markets system solutions, equipment, and services for acute point of care, including emergency care, perioperative care, critical care, and perinatal care.

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Analyst Recommendations for Draegerwerk AG & Co KGaA (ETR:DRW3)

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