1&1 Drillisch (ETR:DRI) has been assigned a €65.00 ($75.58) target price by investment analysts at Barclays in a research report issued to clients and investors on Thursday, September 13th. The brokerage presently has a “buy” rating on the stock. Barclays’ price objective would suggest a potential upside of 76.25% from the stock’s previous close.
Several other equities research analysts have also issued reports on DRI. Commerzbank set a €60.00 ($69.77) price target on shares of 1&1 Drillisch and gave the stock a “neutral” rating in a research note on Wednesday, June 27th. Goldman Sachs Group set a €73.00 ($84.88) price target on shares of 1&1 Drillisch and gave the stock a “buy” rating in a research note on Wednesday, June 27th. DZ Bank reaffirmed a “buy” rating on shares of 1&1 Drillisch in a report on Wednesday, July 18th. Jefferies Financial Group set a €73.00 ($84.88) price objective on shares of 1&1 Drillisch and gave the stock a “buy” rating in a report on Thursday, July 5th. Finally, Warburg Research set a €70.00 ($81.40) price objective on shares of 1&1 Drillisch and gave the stock a “buy” rating in a report on Tuesday, June 26th. One analyst has rated the stock with a sell rating, two have issued a hold rating and twelve have issued a buy rating to the stock. 1&1 Drillisch has an average rating of “Buy” and an average target price of €66.00 ($76.74).
Shares of DRI stock traded down €1.68 ($1.95) during trading hours on Thursday, hitting €36.88 ($42.88). 468,338 shares of the company were exchanged, compared to its average volume of 193,501. 1&1 Drillisch has a 52-week low of €5.25 ($6.10) and a 52-week high of €72.65 ($84.48).
About 1&1 Drillisch
1&1 Drillisch AG operates as a telecommunications provider in Germany. The company provides its customers with a portfolio of services and products from the fields of DSL, mobile voice, and data services. It markets postpaid and prepaid products in the networks of Telefónica and Vodafone, as well as landline and DSL products, including the related applications, such as home networking, online storage, telephony, and video on demand or IPTV.
Further Reading: Compound Annual Growth Rate (CAGR)
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