DZ BANK upgraded Drillisch (ETR:DRI) to Buy in a statement released earlier today.
- Updated: October 18, 2016
DZ BANK has upgraded Drillisch (ETR:DRI) to Buy in a report released on 10/18/2016.
On Monday October 17, 2016, HSBC released a statement on Drillisch (ETR:DRI) increased the target price from 0.00EUR to 48.00EUR that suggested an upside of 0.17%.
Showing a price of 41.60EUR, Drillisch (ETR:DRI) traded 0.55% higher on the day. The last stock price is down -1.58% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. DRI has recorded a 50-day average of 61.94EUR and a two hundred day average of 63.57EUR. Volume of trade was up over the average, with 1,814,282 shares of DRI changing hands over the typical 1,716,210
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Drillisch has 52 week low of 53.38EUR and a 52 week high of 68.68EUR with a price-earnings ratio of 20.20 and has a total market value of 0 EUR.
A total of 20 firms have reported on the stock. 4 brokerages rating the stock a strong buy, eight equity analysts rating the company a buy, fourteen analysts rating the company a hold, two analysts rating the company a underperform, and finally 0 brokers rating the stock a sell with a average stock price target of 71.10EUR.
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.
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