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Berenberg Bank Remains a Hold on Aroundtown SA (AT1)

In a report released today, Kai Klose from Berenberg Bank maintained a Hold rating on Aroundtown SA (AT1Research Report), with a price target of €3.30. The company’s shares closed yesterday at €2.88.

According to TipRanks, Klose is an analyst with an average return of -1.0% and a 52.00% success rate.

Aroundtown SA has an analyst consensus of Hold, with a price target consensus of €2.41.

AT1 market cap is currently €4.27B and has a P/E ratio of -2.58.

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Aroundtown SA (AT1) Company Description:

Aroundtown SA is a Luxembourg-based specialist real estate investment group, with a focus on value-add income generating properties primarily in the German markets. The group covers commercial and residential real estate assets that benefit from strong fundamentals and growth prospects. Whereas the commercial properties are held directly by Aroundtown and its subsidiaries. The company operates in Germany, Netherlands, United Kingdom, Belgium, and other countries, out of which the majority of the revenue is generated from the German markets.

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