Berenberg Bank Analysts Give Corestate Capital (ETR:CCAP) a €58.00 Price Target

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Berenberg Bank set a €58.00 ($67.44) price objective on Corestate Capital (ETR:CCAP) in a report released on Tuesday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

A number of other brokerages also recently issued reports on CCAP. Kepler Capital Markets set a €70.00 ($81.40) price objective on shares of Corestate Capital and gave the company a buy rating in a research report on Tuesday, May 14th. Oddo Bhf set a €47.00 ($54.65) price objective on shares of Corestate Capital and gave the company a buy rating in a research report on Wednesday, May 15th. Finally, Hauck & Aufhaeuser set a €45.00 ($52.33) target price on shares of Corestate Capital and gave the company a buy rating in a report on Tuesday, August 6th. Eight investment analysts have rated the stock with a buy rating, The company currently has an average rating of Buy and an average price target of €62.00 ($72.09).

Shares of Corestate Capital stock opened at €28.55 ($33.20) on Tuesday. The company has a current ratio of 2.13, a quick ratio of 0.61 and a debt-to-equity ratio of 103.04. The company’s fifty day simple moving average is €31.81 and its two-hundred day simple moving average is €31.92. The company has a market cap of $609.67 million and a P/E ratio of 6.25. Corestate Capital has a 12-month low of €25.45 ($29.59) and a 12-month high of €48.20 ($56.05).

About Corestate Capital

CORESTATE Capital Holding SA is a real estate investment firm specializing in investments in small to medium sized residential portfolios and commercial real estate markets. The firm seeks to invest in an "anti-cyclical" manner in Europe and expand its club-style deals from purely opportunistic to core-plus and value-add investments.

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Analyst Recommendations for Corestate Capital (ETR:CCAP)

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