Independent Research Reiterates “€3.60” Price Target for Heidelberger Druckmaschinen (HDD)

Heidelberger Druckmaschinen (ETR:HDD) has been assigned a €3.60 ($4.29) price objective by investment analysts at Independent Research in a research note issued on Friday. The brokerage currently has a “buy” rating on the stock. Independent Research’s price target points to a potential upside of 24.91% from the stock’s previous close.

Several other research firms have also weighed in on HDD. Baader Bank set a €4.10 ($4.88) target price on Heidelberger Druckmaschinen and gave the stock a “buy” rating in a report on Friday, November 3rd. set a €4.00 ($4.76) target price on Heidelberger Druckmaschinen and gave the stock a “buy” rating in a report on Monday, November 6th. Commerzbank set a €3.50 ($4.17) target price on Heidelberger Druckmaschinen and gave the stock a “neutral” rating in a report on Tuesday, November 7th. equinet set a €3.70 ($4.40) target price on Heidelberger Druckmaschinen and gave the stock a “buy” rating in a report on Thursday, November 9th. Finally, Warburg Research set a €3.60 ($4.29) target price on Heidelberger Druckmaschinen and gave the stock a “buy” rating in a report on Thursday, November 9th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and nine have issued a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of €3.51 ($4.18).

Shares of Heidelberger Druckmaschinen (ETR HDD) opened at €2.88 ($3.43) on Friday. The company has a market capitalization of $808.33 and a P/E ratio of 11.53. Heidelberger Druckmaschinen has a 12 month low of €2.23 ($2.65) and a 12 month high of €3.62 ($4.31).

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Heidelberger Druckmaschinen Company Profile

Heidelberger Druckmaschinen Aktiengesellschaft provides equipment, services, and consumables for the printing industry in Europe, the Middle East, Africa, Asia/Pacific, Eastern Europe, North America, and South America. The company operates in Heidelberg Equipment, Heidelberg Services, and Heidelberg Financial Services segments.

Analyst Recommendations for Heidelberger Druckmaschinen (ETR:HDD)

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