Aroundtown SA (OTCMKTS:AANNF) Receives Consensus Recommendation of “Hold” from Brokerages

Aroundtown SA (OTCMKTS:AANNFGet Rating) has been given an average rating of “Hold” by the eight brokerages that are covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $5.45.

AANNF has been the subject of several research reports. Barclays lowered their price objective on shares of Aroundtown from €4.50 ($4.59) to €4.10 ($4.18) and set an “underweight” rating for the company in a research note on Tuesday, July 5th. Deutsche Bank Aktiengesellschaft lowered shares of Aroundtown from a “buy” rating to a “hold” rating in a report on Wednesday, July 27th. JPMorgan Chase & Co. lowered shares of Aroundtown from a “neutral” rating to an “underweight” rating in a report on Thursday, June 23rd. Finally, Berenberg Bank reduced their target price on shares of Aroundtown from €7.60 ($7.76) to €5.00 ($5.10) in a report on Friday, July 15th.

Aroundtown Price Performance

Shares of OTCMKTS AANNF opened at $2.85 on Thursday. Aroundtown has a 52-week low of $2.85 and a 52-week high of $7.35. The firm has a fifty day moving average of $3.07 and a 200-day moving average of $4.32.

Aroundtown Company Profile

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Aroundtown SA, together with its subsidiaries, operates as a real estate company in Germany, the Netherlands, the United Kingdom, Belgium, and internationally. It invests in commercial and residential real estate properties, such as office, hotel, logistics, wholesale, retail, and other properties. The company was formerly known as Aroundtown Property Holdings PLC and changed its name to Aroundtown SA in September 2017.

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Analyst Recommendations for Aroundtown (OTCMKTS:AANNF)

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