Nord/LB Reiterates “€12.40” Price Target for alstria office REIT (ETR:AOX)
alstria office REIT (ETR:AOX) has been given a €12.40 ($14.42) price objective by investment analysts at Nord/LB in a research note issued to investors on Monday, May 28th. The firm presently has a “neutral” rating on the stock. Nord/LB’s price target suggests a potential downside of 4.25% from the company’s previous close.
Several other analysts have also issued reports on the company. Jefferies Financial Group set a €15.00 ($17.44) price objective on alstria office REIT and gave the stock a “buy” rating in a report on Monday, January 29th. Goldman Sachs Group set a €15.20 ($17.67) target price on alstria office REIT and gave the company a “buy” rating in a report on Tuesday, January 30th. HSBC set a €14.20 ($16.51) price objective on alstria office REIT and gave the stock a “neutral” rating in a research note on Wednesday, January 31st. Berenberg Bank set a €14.00 ($16.28) price objective on alstria office REIT and gave the stock a “buy” rating in a research note on Thursday, April 26th. Finally, UBS Group set a €14.35 ($16.69) price objective on alstria office REIT and gave the stock a “buy” rating in a research note on Thursday, May 3rd. Four investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of €13.90 ($16.16).
Shares of alstria office REIT traded up €0.10 ($0.12), hitting €12.95 ($15.06), during mid-day trading on Monday, Marketbeat.com reports. 478,649 shares of the stock traded hands, compared to its average volume of 583,070. alstria office REIT has a twelve month low of €11.19 ($13.01) and a twelve month high of €13.49 ($15.69).
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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