Deutz’s (DEZ) Buy Rating Reaffirmed at DZ Bank

DZ Bank reiterated their buy rating on shares of Deutz (ETR:DEZ) in a research report released on Wednesday, Borsen Zeitung reports.

DEZ has been the subject of a number of other research reports. Warburg Research set a €47.00 ($54.65) price objective on 1&1 Drillisch and gave the company a buy rating in a research report on Tuesday, July 2nd. HSBC raised their price objective on Johnson Service Group from GBX 148 ($1.93) to GBX 180 ($2.35) and gave the company a buy rating in a research report on Friday, July 5th. Hauck & Aufhaeuser set a €9.50 ($11.05) price objective on Deutz and gave the company a sell rating in a research report on Wednesday. Berenberg Bank set a €54.50 ($63.37) price objective on Vonovia and gave the company a buy rating in a research report on Wednesday. Finally, Kepler Capital Markets reaffirmed a hold rating on shares of HEIDELBERGCEMEN/ADR in a research report on Tuesday. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the company’s stock. The company presently has an average rating of Hold and an average price target of €9.16 ($10.65).

DEZ stock traded down €0.15 ($0.17) on Wednesday, reaching €6.23 ($7.24). 2,635,492 shares of the company traded hands, compared to its average volume of 330,421. Deutz has a one year low of €5.00 ($5.81) and a one year high of €9.05 ($10.52). The company has a debt-to-equity ratio of 11.52, a quick ratio of 0.71 and a current ratio of 1.56. The company has a market cap of $752.37 million and a P/E ratio of 10.39. The firm’s fifty day simple moving average is €7.97.

About Deutz

DEUTZ Aktiengesellschaft engages in the development, production, distribution, and servicing of diesel and gas 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 up to 8 liters.

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