A statement released earlier today by Goldman Sachs Group Inc. about Drillisch (ETR:DRI) raises the target price to 44.00EUR
- Updated: October 3, 2016
Having a price of 43.19EUR, Drillisch (ETR:DRI) traded 1.14% higher on the day. The last stock price close is down -4.15% from the 200-day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Drillisch has recorded a 50-day moving average of 62.04EUR and a 200-day moving average of 63.97EUR. 2,300,425 shares of the stock exchanged hands, up from an avg. volume of 1,821,770
Drillisch (ETR:DRI) had its stock price target increased to 44.00EUR by Goldman Sachs Group Inc. in a report issued 10/3/2016. The new target price indicates a potential upside of 0.02% from the company's most recent stock price.
Previously on Tuesday September 27, 2016, Kepler Cheuvreux reported on Drillisch (ETR:DRI) bumped up the target price from 0.00EUR to 48.00EUR. At the time, this suggested an upside of 0.14%.
Recent Performance Chart
With a total market value of 0 EUR, Drillisch has P/E ratio of 21.16 with a 52 week low of 53.38EUR and a 52 week high of 68.97EUR .
Also covering Drillisch's price target, a total of 20 analysts have released a report on the company. The average stock price target is 71.10EUR with four equity analysts rating the stock a strong buy, 8 firms rating the company a buy, fourteen equity analysts rating the company a hold, two brokerages rating the company a underperform, and lastly 0 brokers 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 b2c.de GmbH.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.