Sixt (ETR:SIX2) Given a €176.00 Price Target by Berenberg Bank Analysts

Sixt (ETR:SIX2Get Rating) has been assigned a €176.00 ($185.26) price objective by analysts at Berenberg Bank in a research report issued to clients and investors on Wednesday, Borsen Zeitung reports. Berenberg Bank’s target price would indicate a potential upside of 38.58% from the company’s current price.

Several other research firms have also recently issued reports on SIX2. Hauck and Aufhaeuser set a €170.00 ($178.95) price target on shares of Sixt in a report on Tuesday. Deutsche Bank Aktiengesellschaft set a €170.00 ($178.95) price target on shares of Sixt in a research report on Monday, March 7th. Deutsche Bank Rese… set a €170.00 ($178.95) price target on shares of Sixt in a research report on Friday, April 29th. Warburg Research set a €187.00 ($196.84) target price on shares of Sixt in a research report on Monday, April 11th. Finally, Baader Bank set a €148.70 ($156.53) target price on shares of Sixt in a research report on Tuesday. One investment analyst has rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of €168.81 ($177.70).

Shares of ETR:SIX2 opened at €127.00 ($133.68) on Wednesday. The stock has a market capitalization of $3.86 billion and a price-to-earnings ratio of 19.04. Sixt has a one year low of €103.70 ($109.16) and a one year high of €170.30 ($179.26). The company has a 50-day simple moving average of €128.53 and a 200-day simple moving average of €143.89. The company has a debt-to-equity ratio of 114.26, a quick ratio of 0.75 and a current ratio of 3.40.

Sixt Company Profile (Get Rating)

Sixt SE, through its subsidiaries, provides mobility services for private and business customers in Germany and internationally. The company engages in the rental of various utility vehicles; and provision of international holiday vehicle rental, car sharing, transfer, and car subscription services. As of December 31, 2021, its corporate and franchise station network comprised approximately 900 stations.

Further Reading

Analyst Recommendations for Sixt (ETR:SIX2)

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