DZ Bank restated their buy rating on shares of Adler Real Estate (ETR:ADL) in a research report released on Monday, Borsen Zeitung reports.

Several other analysts have also recently weighed in on the stock. Berenberg Bank set a €17.40 ($20.23) price objective on shares of Adler Real Estate and gave the stock a buy rating in a research note on Thursday, May 2nd. HSBC set a €21.00 ($24.42) price objective on shares of Adler Real Estate and gave the stock a buy rating in a research note on Wednesday, April 24th. Oddo Bhf set a €15.91 ($18.50) price target on shares of Adler Real Estate and gave the company a neutral rating in a research report on Friday, March 29th. Finally, Deutsche Bank set a €20.00 ($23.26) price target on shares of Adler Real Estate and gave the company a buy rating in a research report on Friday, March 29th. One research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. The stock currently has a consensus rating of Buy and a consensus target price of €18.72 ($21.77).

Shares of Adler Real Estate stock opened at €13.06 ($15.19) on Monday. The company has a current ratio of 1.66, a quick ratio of 0.30 and a debt-to-equity ratio of 228.05. Adler Real Estate has a twelve month low of €12.12 ($14.09) and a twelve month high of €16.10 ($18.72). The firm has a market capitalization of $894.35 million and a P/E ratio of 3.46.

About Adler Real Estate

ADLER Real Estate AG is one of the leading real estate companies in Germany. In recent years, the company has grown rapidly through acquisitions – most recently through the acquisition of almost 70 percent of the shares in Brack Capital Properties NV ADLER now holds more than 62,000 residential units , which are mainly located in the north and west of Germany and offer tenants with medium to low income an affordable home.

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Analyst Recommendations for Adler Real Estate (ETR:ADL)

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