Heidelberger Druckmaschinen (ETR:HDD) Given a €1.60 Price Target at HSBC
HSBC set a €1.60 ($1.86) target price on Heidelberger Druckmaschinen (ETR:HDD) in a report released on Friday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
A number of other brokerages have also recently commented on HDD. Independent Research set a €1.80 ($2.09) price objective on Heidelberger Druckmaschinen and gave the company a neutral rating in a research note on Wednesday, May 8th. Baader Bank set a €1.90 ($2.21) price objective on Heidelberger Druckmaschinen and gave the company a buy rating in a research note on Friday, May 31st. Warburg Research set a €2.80 ($3.26) price objective on Heidelberger Druckmaschinen and gave the company a buy rating in a research note on Wednesday, May 8th. Kepler Capital Markets set a €1.80 ($2.09) target price on Heidelberger Druckmaschinen and gave the company a buy rating in a research report on Thursday, June 6th. Finally, DZ Bank reaffirmed a buy rating on shares of Heidelberger Druckmaschinen in a research report on Wednesday, March 13th. Seven research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock currently has an average rating of Hold and an average price target of €2.15 ($2.51).
Shares of Heidelberger Druckmaschinen stock opened at €1.38 ($1.61) on Friday. The company has a quick ratio of 0.76, a current ratio of 1.64 and a debt-to-equity ratio of 116.43. Heidelberger Druckmaschinen has a 52 week low of €1.25 ($1.46) and a 52 week high of €2.73 ($3.18). The company has a market capitalization of $385.01 million and a price-to-earnings ratio of 19.74.
Heidelberger Druckmaschinen Aktiengesellschaft provides products, services, consumables, and software solutions for the printing industry in Europe, the Middle East, Africa, Asia/Pacific, North America, South America, and Eastern Europe. The company operates through Heidelberg Digital Technology, Heidelberg Digital Business & Services, and Heidelberg Financial Services segments.
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