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HSBC announced Drillisch (ETR:DRI), bumping up its stock price target to 42.00EUR today

Stating a possible upside of 0.03%, HSBC raised the price target of Drillisch (ETR:DRI) to 42EUR.

On 8/14/2016, HSBC released a statement for Drillisch(ETR:DRI) bumped the target price from 0.00EUR to 42.00EUR. At the time, this indicated a possible upside of 0.03%.

Yesterday Drillisch (ETR:DRI) traded 0.27% lower at 40.81EUR. The company’s 50-day average is 61.89EUR and its 200-day average is 64.31EUR. With the last stock close down 3.67% relative to the two hundred day average, compared with the S&P 500 which has fallen -0.01% over the date range. 2,940,965 shares of Drillisch exchanged hands, up from ann average volume of 2,009,960.

Performance Graphic:

Drillisch (ETR:DRI)

Drillisch has a price-earnings of 21 with a one-year low of 53.38EUR and a 52 week high of 72.11EUR and has a market capitalization of 0.0 EUR.

A total of 20 brokers have released a report on Drillisch. Four analysts rate the stock a strong buy, eight analysts rate the company a buy, 14 firms rate the stock a hold, two analysts rate the company to underperform, and lastly 0 firmsrate the stock as sell with a one year target stock price 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, and MS Mobile Services GmbH and GmbH.

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