Berenberg Bank Reiterates “€15.50” Price Target for alstria office REIT (ETR:AOX)
Berenberg Bank set a €15.50 ($17.42) price target on alstria office REIT (ETR:AOX) in a research report report published on Friday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Several other equities research analysts also recently weighed in on the company. Morgan Stanley set a €18.50 ($20.79) target price on alstria office REIT and gave the stock a buy rating in a research report on Wednesday, March 11th. Goldman Sachs Group set a €12.10 ($13.60) target price on alstria office REIT and gave the stock a neutral rating in a research report on Monday, June 8th. JPMorgan Chase & Co. set a €16.50 ($18.54) price target on alstria office REIT and gave the company a buy rating in a report on Thursday, April 30th. UBS Group set a €19.00 ($21.35) price target on alstria office REIT and gave the company a buy rating in a report on Tuesday, May 5th. Finally, Deutsche Bank set a €19.30 ($21.69) price target on alstria office REIT and gave the company a neutral rating in a report on Wednesday, May 6th. Six equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. alstria office REIT presently has an average rating of Buy and a consensus price target of €16.25 ($18.26).
Shares of ETR AOX opened at €13.52 ($15.19) on Friday. alstria office REIT has a 1-year low of €11.74 ($13.19) and a 1-year high of €15.24 ($17.12). The business has a 50-day moving average of €13.40 and a 200-day moving average of €15.29. The company has a debt-to-equity ratio of 48.00, a current ratio of 3.68 and a quick ratio of 3.27. The company has a market capitalization of $2.40 billion and a price-to-earnings ratio of 4.38.
Alstria office REIT AG is the leading real-estate operator focusing solely on German office property in selected German markets. Our strategy is based on the ownership and an active management of our properties throughout their entire life cycle, strong added-value services to our customers and deep knowledge of the markets in which we operate.
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