Independent Research GmbH Reiterates “€6.00” Price Target for MLP AG (MLP)

Independent Research GmbH set a €6.00 ($6.67) target price on MLP AG (ETR:MLP) in a research note published on Saturday, May 20th. The firm currently has a neutral rating on the stock.

Separately, Hauck & Aufhaeuser set a €7.80 ($8.67) price target on shares of MLP AG and gave the company a buy rating in a research report on Saturday, May 20th.

MLP AG (MLP) traded up 7.455% on Friday, hitting €6.501. The stock had a trading volume of 27,723 shares. The company has a market capitalization of €710.78 million and a PE ratio of 43.340. The company has a 50 day moving average of €6.00 and a 200 day moving average of €5.20. MLP AG has a 12-month low of €2.96 and a 12-month high of €6.50.

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About MLP AG

MLP AG is a Germany-based holding company engaged in the investment management and fund operators industries. Through its subsidiaries, the Company operates as a financial services company which offers financial products and solutions. The Company operates four business segments. The Financial Services segment provides consulting services, insurance, investments, pension provision schemes and loans, as well as contract brokering concerning these financial services, among others.

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