TOday’s Movers: Hornbach (ETR:HBH3) Stock Rating Reiterated by equity analysts Bankhaus Lampe KG; EUR 63.00 Target Price Indicates 5.78% Potential

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Hornbach (ETR:HBH3) Rating Reaffirmed

Bankhaus Lampe KG now has a EUR 63.00 price target on the 592.00 million EUR market cap company or 5.78% upside potential. In a comprehensive report issued to clients and investors on Thursday morning, Hornbach (ETR:HBH3) shares have had their Hold Rating has restated by professional analysts at Bankhaus Lampe KG.

From a total of 6 analysts covering HORNBACH (ETR:HBH3) stock, 4 rate it a ”Buy”, 0 a “Sell”, and 2 a ”Hold”. This means that 67% of the ratings are positive. The highest target price is €99.50 while the lowest target price is €80. The mean of all analyst targets is €87.64 with a 18.43% above today’s (€74) stock price. HORNBACH was the topic of 14 analyst reports since September 5, 2015 according to the firm StockzIntelligence Inc. Commerzbank upgraded shares on December 15 to “Buy” rating. Bankhaus Lampe maintained shares with “Hold” rating and €80 target share price in a report from an October 1. Warburg Research upgraded HBH3 stock in a recent report from December 11 to “Buy” rating. Finally, DZ-Bank AG upgraded the stock to “Hold” rating in a report issued on an October 1.

The stock closed the day at EUR 74 during the previous session. It is down 6.00% since November 17, 2015 and is uptrending. It has outperformed by 8.62% the S&P500.

TOday’s Movers: Hornbach (ETR:HBH3) Stock Rating Reiterated by equity analysts Bankhaus Lampe KG; EUR 63.00 Target Price Indicates 5.78% Potential

Hornbach Holding AG & Co. KGaA, formerly Hornbach Holding AG, is a Germany holding firm of the Hornbach Group. The company has a market cap of 592.00 million EUR. Through its subsidiaries, the Company is mainly engaged in the building trade, building component manufacture and construction industries. It has 12.38 P/E ratio. The Company’s subsidiaries include Hornbach Baumarkt AG, a majority owned subsidiary which operates do-it-yourself megastores and garden centers; Hornbach Baustoff Union GmbH, a wholly owned subsidiary which is active in the builders’ merchants business and sells construction materials; and Hornbach Immobilien AG, a wholly owned subsidiary that owns the real estate portfolio of the retail properties used by the Hornbach Group’s operating units.

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