HSBC Holdings plc set a €11.00 ($13.10) price target on Hamborner Reit AG (ETR:HAB) in a report released on Thursday. The brokerage currently has a neutral rating on the stock.

Several other analysts also recently commented on HAB. Berenberg Bank set a €12.50 ($14.88) price target on shares of Hamborner Reit AG and gave the company a buy rating in a research report on Tuesday, August 8th. National Bank Financial reissued a sell rating on shares of Hamborner Reit AG in a research report on Tuesday, August 8th.

Shares of Hamborner Reit AG (HAB) opened at 9.013 on Thursday. The firm has a market cap of €718.49 million and a price-to-earnings ratio of 34.934. Hamborner Reit AG has a 1-year low of €8.35 and a 1-year high of €9.99. The company’s 50-day moving average is €8.99 and its 200 day moving average is €9.22.

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About Hamborner Reit AG

Hamborner AG engages in the development, management, rental, and lease of real estate properties in Germany. It primarily develops and manages residential and commercial properties, and open land. The company is based in Duisburg, Germany. Hamborner AG is a former subsidiary of HSH N Real Estate AG.

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