alstria office REIT (ETR:AOX) Stock Upgrade
Shares of alstria office REIT (ETR:AOX) stock were increased to a “Buy” by research professionals at Joh. Berenberg Gossler & Co. KG, who now have a Estimated Target Price set at EUR 14.00 on AOX. This target is 13.91% from AOX’s current share price.
From a total of 3 analysts covering alstria office REIT (ETR:AOX) stock, 2 rate it a ”Buy”, 0 a “Sell”, and 1 a ”Hold”. This means that 67% of the ratings are positive. The highest target price is €14 while the lowest target price is €12.50. The mean of all analyst targets is €13.33 with a 8.20% above today’s (€12.32) stock price. alstria office REIT was the topic of 6 analyst reports since August 4, 2015 according to the firm StockzIntelligence Inc. Bankhaus Lampe maintained shares on November 7 with “Hold” rating. Berenberg upgraded AOX stock in a recent report from August 28 to “Buy” rating.
The stock increased 1.36% or EUR 0.16 on December 7, striking EUR 12.32. Approximately 133,789 shares of stock traded hands. alstria office REIT-AG (ETR:AOX) has declined 9.60% since April 21, 2015 and is downtrending. It has underperformed by 8.52% the S&P500.
alstria office REIT AG is a Germany real estate investment trust . The company has a market cap of 1.88 billion EUR. The Firm is focused on acquiring, owning and managing office real estate in Germany. It has 27.83 P/E ratio. The Company’s real estate activities cover the Asset Management, Property and Technical Management, as well as the Office Planning.