Nord/LB set a €29.30 ($34.07) price objective on Aareal Bank (ETR:ARL) in a research report released on Thursday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
A number of other research analysts also recently issued reports on ARL. HSBC set a €36.00 ($41.86) price objective on Aareal Bank and gave the stock a buy rating in a report on Tuesday, April 30th. Independent Research set a €28.00 ($32.56) price objective on Aareal Bank and gave the stock a sell rating in a report on Thursday. Kepler Capital Markets set a €25.50 ($29.65) price objective on Aareal Bank and gave the stock a sell rating in a report on Thursday. DZ Bank reiterated a neutral rating on shares of Aareal Bank in a report on Thursday. Finally, Deutsche Bank set a €29.00 ($33.72) price objective on Aareal Bank and gave the stock a neutral rating in a report on Thursday, April 25th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average price target of €33.68 ($39.16).
Shares of ETR:ARL traded up €0.10 ($0.12) during mid-day trading on Thursday, reaching €29.28 ($34.05). 292,720 shares of the stock were exchanged, compared to its average volume of 359,447. The company has a debt-to-equity ratio of 248.77, a quick ratio of 0.13 and a current ratio of 0.23. The company has a market cap of $1.76 billion and a PE ratio of 8.43. Aareal Bank has a one year low of €25.82 ($30.02) and a one year high of €42.50 ($49.42).
Aareal Bank AG, together with its subsidiaries, provides financing solutions and services to the property industry in Germany and internationally. The company operates through two segments, Structured Property Financing and Consulting/Services. The Structured Property Financing segment offers property financing and refinancing solutions for office buildings, hotels, retail, logistics, and residential properties, and shopping centers in Europe, North America, and Asia.
See Also: Reverse Stock Split
Receive News & Ratings for Aareal Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aareal Bank and related companies with MarketBeat.com's FREE daily email newsletter.