Berenberg Bank Analysts Give Deutz (DEZ) a €9.40 Price Target
Deutz (ETR:DEZ) has been given a €9.40 ($10.93) target price by equities research analysts at Berenberg Bank in a research report issued to clients and investors on Thursday. The firm presently has a “buy” rating on the stock. Berenberg Bank’s price target would suggest a potential upside of 59.46% from the stock’s previous close.
Several other equities research analysts have also recently weighed in on DEZ. HSBC set a €9.20 ($10.70) price objective on Deutz and gave the stock a “buy” rating in a report on Wednesday. Kepler Capital Markets set a €10.00 ($11.63) price objective on Deutz and gave the stock a “buy” rating in a report on Monday, September 10th. Baader Bank set a €8.50 ($9.88) target price on Deutz and gave the company a “buy” rating in a research note on Thursday, September 20th. Commerzbank set a €8.00 ($9.30) target price on Deutz and gave the company a “neutral” rating in a research note on Friday, November 9th. Finally, Warburg Research set a €9.30 ($10.81) target price on Deutz and gave the company a “buy” rating in a research note on Monday, November 12th. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. Deutz currently has a consensus rating of “Buy” and an average target price of €9.07 ($10.54).
ETR DEZ traded down €0.44 ($0.51) on Thursday, hitting €5.90 ($6.85). The company’s stock had a trading volume of 439,823 shares, compared to its average volume of 330,421. Deutz has a 52-week low of €5.80 ($6.74) and a 52-week high of €8.25 ($9.59).
DEUTZ Aktiengesellschaft engages in the design, development, production, and sale of compact diesel 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 approximately 8 liters.
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