A statement released earlier today by Warburg Research about Rocket Internet (ETR:RKET) raises the target price to 39.00EUR
- Updated: November 25, 2016
Warburg Research bumped up the target of Rocket Internet (ETR:RKET) to 39.00EUR indicating a possible upside of 1.17%.
Previously on 11/25/2016, Warburg Research reported on Rocket Internet (ETR:RKET) raised the target price from 0.00EUR to 39.00EUR. At the time, this indicated a possible upside of 1.18%.
Yesterday Rocket Internet (ETR:RKET) traded 0.00% even at 17.98EUR. The company’s 50-day moving average is 0.00EUR and its 200-day moving average is 0.00EUR. The last closing price is up 0.00% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 0 shares of RKET traded, down from an average trading volume of 0
Recent Performance Chart
Rocket Internet has 52 week low of 0.00EUR and a 52 week high of 0.00EUR and has a market capitalization of 0 EUR.
Brief Synopsis On Rocket Internet (ETR:RKET)
Rocket Internet SE is a Germany-based company active in the investment management and fund operator industry. The Company identifies, builds, scales and retains ownership of Internet companies. It mainly operates in three sectors: e-commerce, including retail companies in the areas of fashion, general merchandise, home and living, office supplies and food groceries; marketplace, comprising companies active in fields such as real estate, travel, transport and food delivery which offer buyers and sellers venues for direct transactions, among others; and financial technology, containing companies bringing together borrowers and lenders in areas like the consumer and small and medium-sized enterprise segments. As a holding company, Rocket Internet AG holds interests in operating subsidiaries divided into regional Internet groups entailing the geographic regions Africa, Asia Pacific, Latin America and the Middle East. The Company operates HelloFresh GmbH as a majority owned subsidiary.
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