Zacks Investment Research Lowers Deutsche Wohnen (OTCMKTS:DWHHF) to Strong Sell

Zacks Investment Research cut shares of Deutsche Wohnen (OTCMKTS:DWHHF) from a hold rating to a strong sell rating in a research note released on Wednesday, Zacks.com reports.

According to Zacks, “Deutsche Wohnen AG develops, manages and sells residential properties primarily in Germany and Europe. The company’s operating segments consists of Residential Property, Disposals, and Nursing and Assisted Living. Deutsche Wohnen AG is headquartered in Berlin, Germany. “

Several other equities analysts also recently issued reports on DWHHF. ValuEngine downgraded shares of Woodward, Inc.Common Stock from a buy rating to a hold rating in a report on Tuesday, April 9th. Commerzbank reissued a buy rating and set a $52.50 price target on shares of Deutsche Wohnen in a report on Tuesday, May 21st.

Shares of DWHHF stock opened at $38.13 on Wednesday. Deutsche Wohnen has a 12-month low of $38.13 and a 12-month high of $50.15. The company’s 50-day moving average price is $42.14.

Deutsche Wohnen Company Profile

Deutsche Wohnen SE, a residential property company, develops and manages residential properties in Germany and Europe. The company operates through three segments: Residential Property Management, Disposals, and Nursing and Assisted Living. Its property portfolio consists of approximately 167,000 residential and commercial units; nursing properties with approximately 12,100 beds; and apartments for assisted living.

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