Warburg Research Analysts Give Rocket Internet SE (RKET) a €37.00 Price Target

Warburg Research set a €37.00 ($43.02) price objective on Rocket Internet SE (FRA:RKET) in a report released on Thursday, June 29th. The brokerage currently has a buy rating on the stock.

A number of other research analysts have also recently commented on the stock. J P Morgan Chase & Co reissued a neutral rating on shares of Rocket Internet SE in a research report on Thursday, June 1st. Berenberg Bank set a €53.00 ($61.63) price target on shares of Rocket Internet SE and gave the stock a buy rating in a research note on Wednesday, May 31st. Finally, Barclays PLC set a €24.15 ($28.08) price target on shares of Rocket Internet SE and gave the stock a buy rating in a research note on Wednesday, May 31st.

Rocket Internet SE (RKET) traded up 1.358% during midday trading on Thursday, hitting €17.611. The stock had a trading volume of 201 shares. The firm’s market capitalization is €2.92 billion. Rocket Internet SE has a 52-week low of €15.17 and a 52-week high of €23.32. The firm has a 50-day moving average of €18.78 and a 200 day moving average of €18.71.

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