ZEAL Network (ETR:TIM – Get Rating) has been given a €52.00 ($55.91) price objective by equities researchers at Berenberg Bank in a note issued to investors on Thursday, Borsen Zeitung reports. Berenberg Bank’s price objective indicates a potential upside of 160.00% from the company’s current price.
TIM has been the topic of a number of other research reports. Jefferies Financial Group set a €47.00 ($50.54) price target on ZEAL Network in a research note on Thursday, March 24th. Warburg Research set a €56.00 ($60.22) price target on ZEAL Network in a research note on Friday, March 25th. Finally, Hauck and Aufhaeuser set a €49.00 ($52.69) price target on ZEAL Network in a research note on Tuesday.
TIM stock opened at €20.00 ($21.51) on Thursday. ZEAL Network has a 1 year low of €16.00 ($17.20) and a 1 year high of €24.40 ($26.24). The company has a current ratio of 3.63, a quick ratio of 3.63 and a debt-to-equity ratio of 2.58. The company has a 50 day moving average of €20.00. The stock has a market cap of $166.82 million and a price-to-earnings ratio of 6.75.
ZEAL Network SE engages in the online lottery business in Germany. It is also involved in the secondary lottery betting business, as well as sells instant win games. The company was formerly known as Tipp24 SE and changed its name to ZEAL Network SE in November 2014. ZEAL Network SE was founded in 1999 and is headquartered in London, the United Kingdom.
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