HSBC recorded Drillisch (ETR:DRI), upping its target price to 48.00EUR today
- Updated: October 17, 2016
Yesterday Drillisch (ETR:DRI) traded 0.55% higher at 41.14EUR. DRI’s 50-day average is 61.94EUR and its two hundred day average is 63.57EUR. With the last close down -1.58% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the date range. Volume of trade was up over the average, with 1,814,282 shares of DRI changing hands over the typical 1,716,210
Drillisch (ETR:DRI) had its target price raised to 48.00EUR by HSBC in a report released 10/17/2016. The new target price indicates a possible upside of 0.17% based on the company's last stock close price.
Previously on 10/04/2016, Goldman Sachs Group Inc. reported about Drillisch (ETR:DRI) raised the target price from 0.00EUR to 44.00EUR. At the time, this indicated a possible upside of 0.02%.
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 firms have reported on the company. 4 brokerages rating the stock a strong buy, 8 brokers rating the stock a buy, fourteen analysts rating the company a hold, two analysts rating the company a underperform, and finally 0 firms rating the stock a sell with a consensus target price of 71.10EUR.
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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