Xing (O1BC) Given a €270.00 Price Target at Berenberg Bank
Xing (ETR:O1BC) received a €270.00 ($313.95) target price from stock analysts at Berenberg Bank in a research note issued to investors on Monday. The firm currently has a “neutral” rating on the stock. Berenberg Bank’s price target points to a potential upside of 6.72% from the company’s current price.
A number of other brokerages have also issued reports on O1BC. Deutsche Bank set a €311.00 ($361.63) target price on Xing and gave the company a “buy” rating in a research report on Tuesday, October 16th. Commerzbank set a €290.00 ($337.21) target price on Xing and gave the company a “neutral” rating in a research report on Monday, October 22nd. Hauck & Aufhaeuser set a €310.00 ($360.47) price objective on Xing and gave the company a “buy” rating in a research note on Thursday, November 1st. Finally, equinet set a €305.00 ($354.65) price objective on Xing and gave the company a “buy” rating in a research note on Wednesday, November 7th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of €290.71 ($338.04).
Shares of ETR:O1BC opened at €253.00 ($294.19) on Monday. Xing has a 1 year low of €189.40 ($220.23) and a 1 year high of €297.00 ($345.35).
Xing SE operates professional networking Websites primarily in Germany, Austria, Switzerland, and internationally. It operates through four segments: B2C, B2B E-Recruiting, B2B Advertising & Events, and Kununu International. The B2C segment serves XING members who use XING.com, XING Jobs, and kununu.com to network with other professionals for finding a suitable job, obtaining information about employers, or reading about career-related topics.
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