HSBC Raises Rating of alstria office REIT (ETR:AOX) To Buy. The TP is EUR 14.00

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alstria office REIT (ETR:AOX) Stock Upgrade

HSBC hiked shares of alstria office REIT (ETR:AOX) to a Buy rating in recent note issued to investors and clients on Friday morning. The broker after the upgrade has a EUR 14.00 price target on shares.

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 12.11% above today’s (€11.89) stock price. alstria office REIT was the topic of 7 analyst reports since August 4, 2015 according to the firm StockzIntelligence Inc. Berenberg upgraded shares on December 8 to “Buy” rating. Baader Wertpapierhandelsbank upgraded AOX stock in a recent report from October 29 to “Buy” rating.

The stock decreased 1.16% or EUR 0.14 on December 10, striking EUR 11.89. Approximately 159,281 shares of stock traded hands. alstria office REIT-AG (ETR:AOX) has declined 9.60% since April 24, 2015 and is downtrending. It has underperformed by 7.67% the S&P500.

 HSBC Raises Rating of alstria office REIT (ETR:AOX) To Buy. The TP is EUR 14.00

alstria office REIT AG is a Germany real estate investment trust . The company has a market cap of 1.81 billion EUR. The Firm is focused on acquiring, owning and managing office real estate in Germany. It has 26.84 P/E ratio. The Company’s real estate activities cover the Asset Management, Property and Technical Management, as well as the Office Planning.

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