Deutsche EuroShop (ETR:DEQ) received a €30.00 ($34.88) price objective from stock analysts at Baader Bank in a report released on Wednesday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. Baader Bank’s price objective suggests a potential upside of 14.50% from the company’s current price.
A number of other brokerages have also recently commented on DEQ. Warburg Research set a €38.60 ($44.88) price objective on Deutsche EuroShop and gave the company a “buy” rating in a research note on Friday, August 16th. Nord/LB set a €24.00 ($27.91) price objective on Deutsche EuroShop and gave the company a “neutral” rating in a research note on Thursday, September 5th. HSBC set a €26.00 ($30.23) price objective on Deutsche EuroShop and gave the company a “neutral” rating in a research note on Tuesday, August 27th. DZ Bank reissued a “buy” rating on shares of Deutsche EuroShop in a research note on Friday, August 16th. Finally, Berenberg Bank set a €30.00 ($34.88) price objective on Deutsche EuroShop and gave the company a “neutral” rating in a research note on Wednesday, October 9th. Seven investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Deutsche EuroShop has an average rating of “Hold” and an average price target of €29.55 ($34.36).
DEQ stock traded down €1.04 ($1.21) during mid-day trading on Wednesday, reaching €26.20 ($30.47). The company’s stock had a trading volume of 430,032 shares, compared to its average volume of 222,238. The company has a market cap of $1.62 billion and a price-to-earnings ratio of 17.91. The business’s 50 day moving average price is €26.46 and its 200 day moving average price is €25.60. The company has a current ratio of 1.96, a quick ratio of 1.59 and a debt-to-equity ratio of 61.07. Deutsche EuroShop has a 12 month low of €22.10 ($25.70) and a 12 month high of €28.48 ($33.12).
Deutsche EuroShop Company Profile
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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