Baader Bank Reiterates “€8.80” Price Target for Aroundtown (ETR:AT1)

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Aroundtown (ETR:AT1) has been assigned a €8.80 ($10.23) target price by Baader Bank in a report issued on Tuesday, October 23rd. The brokerage presently has a “buy” rating on the stock. Baader Bank’s price target suggests a potential upside of 17.57% from the company’s previous close.

A number of other equities research analysts have also weighed in on the company. UBS Group set a €8.50 ($9.88) price target on Aroundtown and gave the stock a “buy” rating in a research note on Tuesday, October 2nd. Hauck & Aufhaeuser set a €8.85 ($10.29) target price on Aroundtown and gave the stock a “buy” rating in a report on Wednesday, October 10th. Goldman Sachs Group set a €8.20 ($9.53) target price on Aroundtown and gave the stock a “buy” rating in a report on Tuesday, September 25th. JPMorgan Chase & Co. set a €9.10 ($10.58) target price on Aroundtown and gave the stock a “buy” rating in a report on Friday, September 7th. Finally, Berenberg Bank set a €8.90 ($10.35) target price on Aroundtown and gave the stock a “buy” rating in a report on Friday, August 31st. One equities research analyst has rated the stock with a hold rating and fourteen have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of €8.60 ($10.00).

Shares of AT1 stock traded up €0.06 ($0.07) during trading hours on Tuesday, reaching €7.49 ($8.70). 6,083,099 shares of the company’s stock were exchanged, compared to its average volume of 3,550,000. Aroundtown has a 1 year low of €4.10 ($4.77) and a 1 year high of €6.75 ($7.85).

Aroundtown Company Profile

Aroundtown SA, together with its subsidiaries, operates as a real estate investment company primarily in Germany and the Netherlands. It invests in commercial and residential real estate properties, such as office, hotel, logistics, wholesale, retail, and other properties. The company was formerly known as Aroundtown Property Holdings PLC and changed its name to Aroundtown SA in September 2017.

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Analyst Recommendations for Aroundtown (ETR:AT1)

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