Baader Bank set a €72.00 ($83.72) price objective on Fielmann (FRA:FIE) in a research note issued to investors on Tuesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
FIE has been the subject of several other research reports. Berenberg Bank set a €57.00 ($66.28) target price on Fielmann and gave the stock a neutral rating in a research note on Wednesday, May 22nd. Independent Research set a €72.00 ($83.72) target price on Fielmann and gave the stock a neutral rating in a research note on Thursday, July 11th. DZ Bank reaffirmed a sell rating on shares of Fielmann in a research note on Friday, July 12th. Hauck & Aufhaeuser set a €41.00 ($47.67) target price on Fielmann and gave the stock a sell rating in a research note on Friday, July 12th. Finally, HSBC set a €70.00 ($81.40) target price on Fielmann and gave the stock a neutral rating in a research note on Friday, July 12th. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the company. Fielmann has an average rating of Hold and a consensus price target of €60.41 ($70.24).
FRA FIE opened at €60.45 ($70.29) on Tuesday. The business has a 50 day simple moving average of €63.69 and a 200 day simple moving average of €61.71. Fielmann has a one year low of €65.50 ($76.16) and a one year high of €77.50 ($90.12).
Fielmann Aktiengesellschaft invests in and operates optical and hearing aid businesses in Germany, Switzerland, Austria, and internationally. The company designs, manufactures, distributes, and retails visual aids and other optical products, including glasses, frames, lenses, sunglasses, contact lenses, and related articles and accessories, as well as hearing aids and accessories.
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