Rocket Internet (FRA:RKET) received a €37.00 ($44.05) target price from equities researchers at Warburg Research in a research report issued to clients and investors on Wednesday. The firm presently has a “buy” rating on the stock. Warburg Research’s price objective would suggest a potential upside of 84.35% from the company’s current price.

Other equities analysts have also recently issued reports about the company. Berenberg Bank set a €53.00 ($63.10) price objective on Rocket Internet and gave the stock a “buy” rating in a report on Wednesday, August 16th. Barclays set a €25.15 ($29.94) target price on Rocket Internet and gave the company a “neutral” rating in a research note on Tuesday, October 3rd.

Rocket Internet (FRA RKET) opened at €20.07 ($23.89) on Wednesday. Rocket Internet has a 52-week low of €15.17 ($18.06) and a 52-week high of €23.32 ($27.76).

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Rocket Internet Company Profile

Rocket Internet SE is an incubator, private equity, and venture capital firm specializing in incubation, early-stage, growth capital, late venture, later stage, and start-ups in the Fintech sector. The firm seeks to make investments in Internet companies with a focus on online and mobile retail services.

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