Fielmann (FRA:FIE) Given a €70.00 Price Target by HSBC Analysts

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Fielmann (FRA:FIE) has been given a €70.00 ($81.40) target price by stock analysts at HSBC in a research note issued to investors on Friday, Borsen Zeitung reports. The firm presently has a “neutral” rating on the stock. HSBC’s price objective would indicate a potential upside of 11.11% from the company’s current price.

Several other equities research analysts also recently issued reports on the stock. Hauck & Aufhaeuser set a €74.00 ($86.05) price objective on shares of Krones and gave the stock a “neutral” rating in a research note on Monday, April 29th. Kepler Capital Markets set a €87.00 ($101.16) price objective on shares of Bechtle and gave the stock a “neutral” rating in a research note on Monday, April 29th. Berenberg Bank reiterated a “sell” rating and set a GBX 600 ($7.84) price objective on shares of Great Portland Estates in a research note on Wednesday, May 22nd. Baader Bank set a €72.00 ($83.72) price objective on shares of Fielmann and gave the stock a “buy” rating in a research note on Wednesday, May 29th. Finally, DZ Bank reiterated a “buy” rating on shares of Talanx in a research note on Thursday, May 9th. Three equities research analysts have rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of €60.41 ($70.24).

FIE opened at €63.00 ($73.26) on Friday. Fielmann has a 52-week low of €65.50 ($76.16) and a 52-week high of €77.50 ($90.12). The stock’s 50 day simple moving average is €63.68.

Fielmann Company Profile

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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Analyst Recommendations for Fielmann (FRA:FIE)

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