Rocket Internet (RKET) PT Set at €37.00 by Warburg Research
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).
ILLEGAL ACTIVITY WARNING: “Rocket Internet (RKET) PT Set at €37.00 by Warburg Research” was originally published by Daily Political and is owned by of Daily Political. If you are accessing this story on another domain, it was stolen and reposted in violation of US and international trademark & copyright laws. The original version of this story can be read at https://www.dailypolitical.com/2017/12/01/rocket-internet-rket-pt-set-at-37-00-by-warburg-research.html.
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.
Receive News & Ratings for Rocket Internet SE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rocket Internet SE and related companies with MarketBeat.com's FREE daily email newsletter.