HSBC covered Drillisch (ETR:DRI), bumping its target to 48.00EUR earlier today
- Updated: October 17, 2016
HSBC raised the target price of Drillisch (ETR:DRI) to 48.00EUR stating a potential upside of 0.17%.
On 10/17/2016, HSBC released a statement for Drillisch (ETR:DRI) bumped up the target price from 0.00EUR to 48.00EUR that suggested an upside of 0.17%.
Boasting a price of 41.14EUR, Drillisch (ETR:DRI) traded 0.55% higher on the day. With the last stock price close 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. Drillisch 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
With a total market value of 0 EUR, Drillisch has price-earnings ratio of 20.20 with a one year low of 53.38EUR and a one year high of 68.68EUR .
A total of 20 analysts have released a report on Drillisch. Four brokerages rating the company a strong buy, eight equity analysts rating the company a buy, 14 brokers rating the stock a hold, 2 firms rating the stock a underperform, and finally 0 brokerages rating the stock a sell with a average stock price target of 71.10EUR.
General Information 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 b2c.de GmbH.
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