Berenberg Bank set a €30.00 ($34.88) price objective on Deutsche EuroShop (ETR:DEQ) in a research report report published on Friday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
A number of other research firms have also weighed in on DEQ. HSBC set a €30.00 ($34.88) target price on shares of Deutsche EuroShop and gave the stock a neutral rating in a report on Wednesday, May 29th. Nord/LB set a €26.72 ($31.07) target price on shares of Deutsche EuroShop and gave the stock a neutral rating in a report on Thursday, May 16th. Kepler Capital Markets set a €32.50 ($37.79) target price on shares of Deutsche EuroShop and gave the stock a buy rating in a report on Wednesday, May 15th. Baader Bank set a €30.00 ($34.88) target price on shares of Deutsche EuroShop and gave the stock a buy rating in a report on Thursday, May 16th. Finally, DZ Bank reaffirmed a buy rating on shares of Deutsche EuroShop in a report on Tuesday, May 21st. Seven analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company currently has a consensus rating of Hold and an average target price of €31.29 ($36.39).
Deutsche EuroShop stock opened at €22.54 ($26.21) on Friday. The firm’s 50 day simple moving average is €24.69 and its 200 day simple moving average is €26.10. The company has a current ratio of 3.06, a quick ratio of 2.73 and a debt-to-equity ratio of 59.69. The firm has a market capitalization of $1.39 billion and a PE ratio of 15.75. Deutsche EuroShop has a 1-year low of €23.82 ($27.70) and a 1-year high of €30.50 ($35.47).
Deutsche EuroShop is Germany's only public company, that invests solely in shopping centers in prime locations. The Company currently has equity interests in 21 European shopping centers in Germany, Austria, Czech Republic, Hungary and Poland. The market value of these shopping centers, which are predominantly in city center locations, amounts to 5.1 billion.
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