Berenberg Bank Analysts Give GFT Technologies (ETR:GFT) a €45.00 Price Target

GFT Technologies (ETR:GFTGet Rating) received a €45.00 ($48.39) price target from investment analysts at Berenberg Bank in a research note issued to investors on Tuesday, Borsen Zeitung reports. Berenberg Bank’s price target would indicate a potential upside of 14.36% from the company’s current price.

ETR GFT traded down €0.65 ($0.70) during trading on Tuesday, hitting €39.35 ($42.31). The stock had a trading volume of 45,793 shares, compared to its average volume of 133,979. The company has a market capitalization of $1.04 billion and a PE ratio of 34.52. The company has a quick ratio of 1.16, a current ratio of 1.23 and a debt-to-equity ratio of 59.14. The firm has a 50 day moving average price of €41.58 and a 200 day moving average price of €40.86. GFT Technologies has a twelve month low of €17.12 ($18.41) and a twelve month high of €47.50 ($51.08).

About GFT Technologies (Get Rating)

GFT Technologies SE, together with its subsidiaries, provides digital transformation services. The company operates in two segments, Americas, UK & APAC; and Continental Europe. It offers consulting on the development and realization of IT strategies, development of bespoke IT solutions, implementation of sector-specific software, and maintenance and development of business-critical IT solutions.

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