HSBC Holdings plc Reiterates “€4.00” Price Target for Heidelberger Druckmaschinen AG (HDD)
HSBC Holdings plc set a €4.00 ($4.71) price objective on Heidelberger Druckmaschinen AG (ETR:HDD) in a research note released on Thursday, October 5th. The brokerage currently has a buy rating on the stock.
HDD has been the subject of several other reports. Commerzbank Ag set a €3.25 ($3.82) target price on Heidelberger Druckmaschinen AG and gave the stock a buy rating in a research report on Thursday, June 8th. Hauck & Aufhaeuser set a €2.40 ($2.82) target price on Heidelberger Druckmaschinen AG and gave the stock a sell rating in a research report on Wednesday, June 28th. DZ Bank AG restated a buy rating on shares of Heidelberger Druckmaschinen AG in a research report on Monday, June 12th. Independent Research GmbH set a €3.10 ($3.65) target price on Heidelberger Druckmaschinen AG and gave the stock a buy rating in a research report on Friday, June 9th. Finally, Warburg Research set a €3.60 ($4.24) target price on Heidelberger Druckmaschinen AG and gave the stock a buy rating in a research report on Tuesday, July 4th. One equities research analyst has rated the stock with a sell rating and eleven have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Buy and a consensus target price of €3.50 ($4.11).
Shares of Heidelberger Druckmaschinen AG (ETR:HDD) traded up 0.142% during midday trading on Thursday, hitting €3.522. 24,300 shares of the stock were exchanged. The firm has a market cap of €939.20 million and a P/E ratio of 15.937. Heidelberger Druckmaschinen AG has a 12-month low of €2.15 and a 12-month high of €3.63. The firm has a 50 day moving average of €3.31 and a 200 day moving average of €2.81.
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Heidelberger Druckmaschinen AG Company Profile
Heidelberger Druckmaschinen Aktiengesellschaft provides equipment, services, and consumables for the printing industry in Europe, the Middle East, Africa, Asia/Pacific, Eastern Europe, North America, and South America. The company operates in Heidelberg Equipment, Heidelberg Services, and Heidelberg Financial Services segments.
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