Hypoport AG (HYQ) Given Average Recommendation of “Buy” by Brokerages
Hypoport AG (ETR:HYQ) has earned a consensus recommendation of “Buy” from the six brokerages that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating on the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is €194.33 ($225.97).
HYQ has been the subject of a number of analyst reports. Warburg Research set a €250.00 ($290.70) target price on shares of Hypoport and gave the company a “buy” rating in a research report on Tuesday, March 12th. Hauck & Aufhaeuser set a €120.00 ($139.53) target price on shares of Hypoport and gave the company a “sell” rating in a research report on Wednesday, March 6th. Berenberg Bank set a €210.00 ($244.19) target price on shares of Hypoport and gave the company a “buy” rating in a research report on Tuesday, March 12th. Finally, Oddo Bhf set a €189.00 ($219.77) target price on shares of Hypoport and gave the company a “neutral” rating in a research report on Monday, February 25th.
Hypoport stock opened at €208.50 ($242.44) on Tuesday. The firm has a market capitalization of $1.30 billion and a P/E ratio of 56.95. Hypoport has a 1-year low of €138.00 ($160.47) and a 1-year high of €204.50 ($237.79). The company has a quick ratio of 1.30, a current ratio of 1.37 and a debt-to-equity ratio of 52.50.
Hypoport AG operates as a technology-based financial service provider in Germany. The company operates through four business units: Credit Platform, Financial Product Sales Institutional Clients, Financial Product Sales – Private Clients, and Insurance Platform. It offers EUROPACE marketplace for independent distributors to process their financing transactions with the product suppliers they represent.
See Also: What is a Tariff?
Receive News & Ratings for Hypoport Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hypoport and related companies with MarketBeat.com's FREE daily email newsletter.