Deutsche Bank Rese… Reiterates €170.00 Price Target for Sixt (ETR:SIX2)

Sixt (ETR:SIX2Get Rating) received a €170.00 ($182.80) price objective from research analysts at Deutsche Bank Rese… in a research note issued on Wednesday, Borsen Zeitung reports. Deutsche Bank Rese…’s price objective would suggest a potential upside of 35.46% from the company’s current price.

SIX2 has been the subject of several other research reports. Deutsche Bank Aktiengesellschaft set a €170.00 ($182.80) target price on shares of Sixt in a report on Monday, March 7th. Warburg Research set a €177.00 ($190.32) target price on shares of Sixt in a report on Monday, May 16th. Jefferies Financial Group set a €160.00 ($172.04) target price on shares of Sixt in a report on Thursday, May 12th. Hauck Aufhäuser In… set a €170.00 ($182.80) target price on shares of Sixt in a report on Tuesday. Finally, Baader Bank set a €148.70 ($159.89) target price on shares of Sixt in a report on Thursday, May 12th.

Shares of ETR SIX2 traded up €10.70 ($11.51) during midday trading on Wednesday, reaching €125.50 ($134.95). 61,704 shares of the stock were exchanged, compared to its average volume of 49,244. The company has a 50 day simple moving average of €123.40 and a 200 day simple moving average of €139.30. The stock has a market capitalization of $3.81 billion and a P/E ratio of 15.12. The company has a debt-to-equity ratio of 107.90, a quick ratio of 1.06 and a current ratio of 3.40. Sixt has a twelve month low of €103.70 ($111.51) and a twelve month high of €170.30 ($183.12).

About Sixt (Get Rating)

Sixt SE, through its subsidiaries, provides mobility services for private and business customers in Germany and internationally. The company engages in the rental of various utility vehicles; and provision of international holiday vehicle rental, car sharing, transfer, and car subscription services. As of December 31, 2021, its corporate and franchise station network comprised approximately 900 stations.

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