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A report released today by Warburg Research about Drillisch (ETR:DRI) ups the target price to 40.00EUR

Just yesterday Drillisch (ETR:DRI) traded 0.74% higher at 41.60EUR. Drillisch’s 50-day moving average is 61.99EUR and its 200-day moving average is 63.54EUR. The last closing price is down -0.81% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 1,204,590 shares of DRI traded hands, down from an average trading volume of 1,710,580

Reporting a potential downside of -0.04%, Warburg Research upped the price target of Drillisch (ETR:DRI) to 40.00EUR

Recent Performance Chart

Drillisch (ETR:DRI)

Drillisch has 52 week low of 53.38EUR and a 52 week high of 68.68EUR with a PE ratio of 20.35 and has a market capitalization of 0 EUR.

In addition to Warburg Research reporting its target price, a total of 20 firms have released a ratings update on DRI. The one year target is 71.10EUR with four brokers rating the stock a strong buy, 8 brokers rating the stock a buy, fourteen analysts rating the company a hold, two analysts rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On Drillisch (ETR:DRI)

Drillisch AG is a Germany-based holding company and a provider of telecommunications services. The Company provides a portfolio of services and products from the field of mobile voice and data services. The Company operates, along with its subsidiaries, in two business segments: Telecommunications and Software Services. The Telecommunications segment includes wireless services, sale of mobile, devices and accessories. The Software services segment offers software solutions, maintenance and support services. The Company holds service provider licenses for the network Telekom, Vodafone, E-Plus and O2, as well as markets wireless services products from the prepaid and postpaid sectors. The Company's wholly owned subsidiaries include Drillisch Telecom GmbH, MS Mobile Services GmbH and GmbH.

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