Barclays started coverage on shares of Shop Apotheke Europe (OTCMKTS:SAEYY – Get Rating) in a research note released on Tuesday morning, The Fly reports. The brokerage issued an overweight rating on the stock.
Separately, HSBC started coverage on shares of Shop Apotheke Europe in a research report on Tuesday, January 11th. They set a hold rating for the company. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat, Shop Apotheke Europe presently has a consensus rating of Buy and an average price target of $110.00.
OTCMKTS SAEYY opened at $9.89 on Tuesday. Shop Apotheke Europe has a 52 week low of $7.58 and a 52 week high of $20.16. The company has a 50-day moving average price of $9.14 and a 200-day moving average price of $12.16.
Shop Apotheke Europe N.V. owns and operates online pharmacies in Germany, Austria, Switzerland, France, Belgium, Italy, and the Netherlands. It provides prescription medications, over-the-counter medications, and pharmacy-related beauty and personal care products, as well as food supplements. The company was founded in 2001 and is headquartered in Sevenum, the Netherlands.
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