MLP AG (MLP) Given a €6.30 Price Target by Independent Research GmbH Analysts

Independent Research GmbH set a €6.30 ($7.41) target price on MLP AG (ETR:MLP) in a research report released on Tuesday. The brokerage currently has a neutral rating on the stock.

A number of other equities research analysts also recently weighed in on the company. equinet AG set a €7.50 ($8.82) target price on MLP AG and gave the stock a buy rating in a research report on Thursday, August 10th. Hauck & Aufhaeuser set a €8.00 ($9.41) target price on MLP AG and gave the stock a buy rating in a research report on Tuesday, August 8th.

MLP AG (MLP) opened at 6.133 on Tuesday. The company has a 50-day moving average price of €6.04 and a 200 day moving average price of €5.71. The stock has a market capitalization of €670.55 million and a P/E ratio of 40.887. MLP AG has a 1-year low of €3.55 and a 1-year high of €6.53.

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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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