Berenberg Bank Analysts Give HORNBACH Holding AG & Co. KGaA (ETR:HBH) a €150.00 Price Target

HORNBACH Holding AG & Co. KGaA (ETR:HBHGet Rating) has been given a €150.00 ($156.25) price objective by Berenberg Bank in a research report issued to clients and investors on Friday, Borsen Zeitung reports. Berenberg Bank’s price objective suggests a potential upside of 31.00% from the company’s previous close.

Separately, Warburg Research set a €149.00 ($155.21) price objective on shares of HORNBACH Holding AG & Co. KGaA in a report on Wednesday.

Shares of HBH traded down €2.20 ($2.29) during mid-day trading on Friday, reaching €114.50 ($119.27). The stock had a trading volume of 22,468 shares, compared to its average volume of 14,225. The company has a debt-to-equity ratio of 75.77, a current ratio of 2.15 and a quick ratio of 0.76. HORNBACH Holding AG & Co. KGaA has a 52-week low of €82.35 ($85.78) and a 52-week high of €140.10 ($145.94). The business’s fifty day moving average is €114.96 and its 200 day moving average is €120.74. The firm has a market cap of $1.83 billion and a price-to-earnings ratio of 11.15.

HORNBACH Holding AG & Co. KGaA Company Profile (Get Rating)

HORNBACH Holding AG & Co KGaA, through its subsidiaries, develops and operates do-it-yourself (DIY) megastores with garden centers in Germany and other European countries. The company's stationary stores offer approximately 50,000 articles in various divisions, including hardware/electrical, paint/wallpaper/flooring, construction materials/timber/prefabricated components, sanitary/tiles, and garden.

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