Barclays set a €26.25 ($32.41) price objective on Rocket Internet (FRA:RKET) in a research note issued to investors on Monday. The firm currently has a neutral rating on the stock.

Several other equities research analysts have also issued reports on RKET. Warburg Research set a €30.00 ($37.04) target price on shares of Rocket Internet and gave the company a buy rating in a research report on Tuesday, April 10th. JPMorgan Chase set a €29.80 ($36.79) target price on shares of Rocket Internet and gave the company a buy rating in a research report on Friday. Berenberg Bank set a €53.00 ($65.43) target price on shares of Rocket Internet and gave the company a buy rating in a research report on Monday, February 5th. Finally, Deutsche Bank set a €31.00 ($38.27) target price on shares of Rocket Internet and gave the company a buy rating in a research report on Wednesday, March 14th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock currently has an average rating of Buy and an average price target of €32.18 ($39.72).

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Shares of Rocket Internet stock opened at €25.22 ($31.14) on Monday. Rocket Internet has a 1 year low of €15.17 ($18.73) and a 1 year high of €26.14 ($32.27).

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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.

Analyst Recommendations for Rocket Internet (FRA:RKET)

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