Baader Bank Analysts Give Deutsche EuroShop (ETR:DEQ) a €30.00 Price Target
Baader Bank set a €30.00 ($34.88) target price on Deutsche EuroShop (ETR:DEQ) in a report released on Friday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Several other research firms also recently issued reports on DEQ. Warburg Research set a €38.60 ($44.88) price objective on Deutsche EuroShop and gave the stock a buy rating in a report on Friday. Kepler Capital Markets set a €32.50 ($37.79) price objective on Deutsche EuroShop and gave the stock a buy rating in a report on Wednesday, May 15th. HSBC set a €30.00 ($34.88) price objective on Deutsche EuroShop and gave the stock a neutral rating in a report on Wednesday, May 29th. Nord/LB set a €26.72 ($31.07) price objective on Deutsche EuroShop and gave the stock a neutral rating in a report on Thursday, May 16th. Finally, Berenberg Bank set a €30.00 ($34.88) price objective on Deutsche EuroShop and gave the stock a neutral rating in a report on Friday. Seven equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Deutsche EuroShop presently has a consensus rating of Hold and a consensus target price of €31.29 ($36.39).
ETR:DEQ opened at €22.54 ($26.21) on Friday. The stock’s fifty day moving average price is €24.69 and its two-hundred day moving average price is €26.10. Deutsche EuroShop has a 52-week low of €23.82 ($27.70) and a 52-week high of €30.50 ($35.47). The company has a debt-to-equity ratio of 59.69, a quick ratio of 2.73 and a current ratio of 3.06. The company has a market cap of $1.39 billion and a price-to-earnings ratio of 15.75.
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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