Berenberg Bank Reiterates €94.00 Price Target for Fresenius Medical Care AG & Co. (Pref) (FME)

Berenberg Bank set a €94.00 ($103.30) target price on Fresenius Medical Care AG & Co. (Pref) (ETR:FME) in a research note published on Wednesday. The firm currently has a a buy rating on the stock.

A number of other research firms have also weighed in on FME. S&P Global Inc. set a €81.00 ($89.01) price objective on shares of Fresenius Medical Care AG & Co. (Pref) and gave the company a neutral rating in a research report on Thursday, October 27th. Commerzbank AG set a €80.00 ($87.91) target price on Fresenius Medical Care AG & Co. (Pref) and gave the company a neutral rating in a report on Monday, August 22nd. Oddo Securities set a €95.00 ($104.40) target price on Fresenius Medical Care AG & Co. (Pref) and gave the company a buy rating in a report on Thursday, October 20th. Morgan Stanley set a €97.00 ($106.59) target price on Fresenius Medical Care AG & Co. (Pref) and gave the company a buy rating in a report on Monday, August 8th. Finally, Baader Bank set a €90.00 ($98.90) target price on Fresenius Medical Care AG & Co. (Pref) and gave the company a buy rating in a report on Tuesday, August 2nd. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and fifteen have issued a buy rating to the company. The company presently has a consensus rating of Buy and a consensus price target of €89.52 ($98.37).

Shares of Fresenius Medical Care AG & Co. (ETR:FME) opened at 74.90 on Wednesday. The company’s 50-day moving average price is €76.16 and its 200-day moving average price is €77.69. Fresenius Medical Care AG & Co. has a 52-week low of €67.50 and a 52-week high of €85.52. The stock has a market cap of €22.93 billion and a PE ratio of 19.56.

Fresenius Medical Care AG & Co. (Pref) Company Profile

Fresenius Medical Care AG & Co KGaA (FMC AG & CO. KGAA) is a kidney dialysis company. The Company provides dialysis care and related services to persons suffering from end stage renal disease (ESRD), as well as other healthcare services. The Company operates through four segments: North America, Europe, Middle East, Africa (EMEA), Asia-Pacific and Latin America.

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