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A statement released earlier today by Warburg Research about Drillisch (ETR:DRI) bumps the target price to 40.00EUR

Yesterday Drillisch (ETR:DRI) traded 0.89% higher at 42.35EUR. Drillisch’s 50-day average is 74.81EUR and its two hundred day average is 66.03EUR. The last stock price is down 10.40% from the 200-day moving average, compared with the S&P 500 Index which has decreased -0.05% over the date range. Volume of trade was up over the average, with 1,952,067 shares of DRI changing hands over the typical 1,757,950

Stating a potential downside of -0.06%, Warburg Research raised the target price of Drillisch (ETR:DRI) to 40.00EUR

Previously on Tuesday December 06, 2016, Bankhaus Lampe KG reported about Drillisch (ETR:DRI) raised the target price from 0.00EUR to 50.00EUR. At the time, this indicated a possible upside of 0.41%.

Performance Chart

Drillisch (ETR:DRI)

With a total market value of 0 EUR, Drillisch has price-earnings ratio of 21.35 with a one year low of 55.77EUR and a one year high of 79.43EUR .

A total of 20 firms have reported on the company. 4 brokerages rating the stock a strong buy, 8 brokers rating the stock a buy, 14 brokers rating the stock a hold, two brokerages rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of 71.10EUR.

Brief Synopsis About 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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