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equinet AG Analysts Give MLP AG (MLP) a €7.50 Price Target

MLP AG (ETR:MLP) has been given a €7.50 ($8.82) target price by investment analysts at equinet AG in a research report issued on Friday, August 4th. The brokerage presently has a “buy” rating on the stock.

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Other equities analysts have also recently issued reports about the company. Hauck & Aufhaeuser set a €7.80 ($9.18) price target on MLP AG and gave the company a “buy” rating in a research report on Tuesday, June 13th. Independent Research GmbH set a €6.00 ($7.06) price target on MLP AG and gave the company a “neutral” rating in a research report on Saturday, May 20th.

MLP AG (MLP) traded up 0.572% on Friday, hitting €6.157. The company had a trading volume of 7,645 shares. The stock has a 50 day moving average of €6.03 and a 200-day moving average of €5.70. The stock has a market capitalization of €673.17 million and a PE ratio of 41.047. MLP AG has a one year low of €3.55 and a one year high of €6.53.

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About MLP AG

MLP AG is a Germany-based holding company engaged in the investment management and fund operators industries. Through its subsidiaries, the Company operates as a financial services company which offers financial products and solutions. The Company operates four business segments. The Financial Services segment provides consulting services, insurance, investments, pension provision schemes and loans, as well as contract brokering concerning these financial services, among others.