Brokerages Set Draegerwerk AG & Co KGaA (ETR:DRW3) Target Price at $96.60

Shares of Draegerwerk AG & Co KGaA (ETR:DRW3) have been assigned an average rating of “Hold” from the seven brokerages that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating on the company. The average 1 year target price among brokerages that have covered the stock in the last year is €99.17 ($116.67).

DRW3 has been the topic of a number of research reports. DZ Bank AG reiterated a “sell” rating on shares of Draegerwerk AG & Co KGaA in a report on Saturday, May 20th. Independent Research GmbH set a €89.00 ($104.71) price target on shares of Draegerwerk AG & Co KGaA and gave the company a “neutral” rating in a report on Tuesday. Nord/LB set a €108.00 ($127.06) price objective on shares of Draegerwerk AG & Co KGaA and gave the company a “buy” rating in a research report on Friday, July 28th. Warburg Research set a €96.00 ($112.94) price objective on shares of Draegerwerk AG & Co KGaA and gave the company a “neutral” rating in a research report on Friday, July 14th. Finally, Kepler Capital Markets set a €114.00 ($134.12) price objective on shares of Draegerwerk AG & Co KGaA and gave the company a “buy” rating in a research report on Friday, July 14th.

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Draegerwerk AG & Co KGaA (DRW3) opened at 85.477 on Thursday. The firm has a 50-day moving average of €91.95 and a 200-day moving average of €93.27. Draegerwerk AG & Co KGaA has a one year low of €59.48 and a one year high of €107.63. The stock has a market capitalization of €1.52 billion and a PE ratio of 21.651.

About Draegerwerk AG & Co KGaA

Draegerwerk AG & Co KGaA is a Germany-based provider of medical and safety technology. The Company operates through two segments: Medical and Safety. The Medical segment develops, produces and markets system solutions, equipment and services for the optimization of processes at the acute point of care, such as emergency care, preoperative care, critical care and prenatal care.

Analyst Recommendations for Draegerwerk AG & Co KGaA (ETR:DRW3)

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