Heidelberger Druckmaschinen AG (HDD) Given a €3.60 Price Target at Warburg Research

Warburg Research set a €3.60 ($4.00) price target on Heidelberger Druckmaschinen AG (ETR:HDD) in a research report sent to investors on Monday morning. The brokerage currently has a buy rating on the stock.

HDD has been the subject of a number of other research reports. Commerzbank Ag set a €3.25 ($3.61) price target on shares of Heidelberger Druckmaschinen AG and gave the stock a buy rating in a research note on Thursday, June 8th. Oddo Securities set a €3.30 ($3.67) price target on shares of Heidelberger Druckmaschinen AG and gave the stock a buy rating in a research note on Monday, June 12th. Baader Bank set a €3.20 ($3.56) price target on shares of Heidelberger Druckmaschinen AG and gave the stock a buy rating in a research note on Thursday, June 8th. S&P Global set a €3.10 ($3.44) price target on shares of Heidelberger Druckmaschinen AG and gave the stock a buy rating in a research note on Friday, June 9th. Finally, DZ Bank AG restated a buy rating on shares of Heidelberger Druckmaschinen AG in a research note on Monday, June 12th. Seven analysts have rated the stock with a buy rating, The company presently has an average rating of Buy and an average target price of €3.26 ($3.62).

Heidelberger Druckmaschinen AG (HDD) opened at 2.895 on Monday. The company has a market capitalization of €744.87 million and a price-to-earnings ratio of 20.679. Heidelberger Druckmaschinen AG has a 12-month low of €2.05 and a 12-month high of €3.00. The stock’s 50 day moving average price is €2.57 and its 200 day moving average price is €2.46.

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About Heidelberger Druckmaschinen AG

Heidelberger Druckmaschinen AG is a Germany-based company that develops, produces and distributes technology for commercial and packaging printing. It has three segments: Heidelberg Equipment, comprising new machinery business; Heidelberg Services, entailing services, consumables, spare parts and remarketed equipment business, and Heidelberg Financial Services, including sales financing businesses.

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