Deutz (ETR:DEZ) received a €9.20 ($10.70) target price from HSBC in a research report issued to clients and investors on Tuesday, October 16th. The brokerage presently has a “buy” rating on the stock. HSBC’s price objective would suggest a potential upside of 40.24% from the stock’s previous close.
A number of other brokerages also recently commented on DEZ. Commerzbank set a €8.00 ($9.30) target price on shares of Deutz and gave the stock a “neutral” rating in a research note on Friday, August 3rd. Warburg Research set a €9.30 ($10.81) target price on shares of Deutz and gave the stock a “buy” rating in a research note on Tuesday, June 26th. Kepler Capital Markets set a €10.00 ($11.63) target price on shares of Deutz and gave the stock a “buy” rating in a research note on Monday, July 2nd. DZ Bank restated a “buy” rating on shares of Deutz in a research note on Tuesday, June 19th. Finally, Berenberg Bank set a €8.90 ($10.35) target price on shares of Deutz and gave the stock a “buy” rating in a research note on Monday, August 6th. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. Deutz has an average rating of “Buy” and an average price target of €9.07 ($10.54).
DEZ stock traded down €0.24 ($0.28) during mid-day trading on Tuesday, reaching €6.56 ($7.63). The company had a trading volume of 369,388 shares, compared to its average volume of 330,421. Deutz has a 12 month low of €5.80 ($6.74) and a 12 month high of €8.25 ($9.59).
DEUTZ Aktiengesellschaft engages in the design, development, production, and sale of compact diesel engines in Europe, the Middle East, Africa, the Asia Pacific, and the Americas. The company's DEUTZ Compact Engines segment provides liquid-cooled engines with capacities of approximately 8 liters.
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