Corestate Capital (ETR:CCAP) Given a €50.00 Price Target at Baader Bank
Corestate Capital (ETR:CCAP) has been assigned a €50.00 ($58.14) target price by analysts at Baader Bank in a report issued on Tuesday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. Baader Bank’s target price would suggest a potential upside of 53.61% from the stock’s previous close.
A number of other research firms have also recently weighed in on CCAP. Oddo Bhf set a €47.00 ($54.65) price objective on shares of Corestate Capital and gave the stock a “buy” rating in a report on Wednesday, August 14th. Jefferies Financial Group set a €65.00 ($75.58) price objective on shares of Corestate Capital and gave the stock a “buy” rating in a report on Tuesday. Kepler Capital Markets set a €70.00 ($81.40) price objective on shares of Corestate Capital and gave the stock a “buy” rating in a report on Tuesday. Hauck & Aufhaeuser set a €45.00 ($52.33) price objective on shares of Corestate Capital and gave the stock a “buy” rating in a report on Friday, October 18th. Finally, Berenberg Bank set a €58.00 ($67.44) target price on shares of Corestate Capital and gave the company a “buy” rating in a research report on Tuesday, August 13th. Eight research analysts have rated the stock with a buy rating, Corestate Capital has a consensus rating of “Buy” and a consensus price target of €59.75 ($69.48).
Shares of CCAP stock traded down €0.10 ($0.12) during trading hours on Tuesday, reaching €32.55 ($37.85). The stock had a trading volume of 62,573 shares. The company has a debt-to-equity ratio of 123.03, a current ratio of 1.63 and a quick ratio of 0.40. Corestate Capital has a twelve month low of €25.45 ($29.59) and a twelve month high of €41.75 ($48.55). The firm has a 50-day simple moving average of €33.03 and a 200-day simple moving average of €31.35. The firm has a market capitalization of $695.09 million and a PE ratio of 7.02.
CORESTATE Capital Holding SA is a real estate investment firm specializing in investments in small to medium sized residential portfolios and commercial real estate markets. The firm seeks to invest in an "anti-cyclical" manner in Europe and expand its club-style deals from purely opportunistic to core-plus and value-add investments.
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