Deutsche Pfandbriefbank (FRA:PBB) PT Set at €16.00 by HSBC
HSBC set a €16.00 ($18.60) price objective on Deutsche Pfandbriefbank (FRA:PBB) in a report issued on Tuesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Other analysts also recently issued research reports about the stock. Nord/LB set a €11.15 ($12.97) price target on shares of Deutsche Pfandbriefbank and gave the company a neutral rating in a research report on Wednesday, July 3rd. Deutsche Bank raised shares of MGM CHINA HOLDI/ADR to a buy rating in a research report on Monday, July 1st. Citigroup reduced their price target on shares of Hasbro from $106.00 to $103.00 and set a buy rating for the company in a research report on Monday, March 11th. Finally, Kepler Capital Markets set a €11.00 ($12.79) price target on shares of E.On and gave the company a buy rating in a research report on Monday, May 13th. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock presently has a consensus rating of Buy and a consensus target price of €13.46 ($15.65).
FRA PBB opened at €10.41 ($12.10) on Tuesday. The company has a fifty day simple moving average of €11.16. Deutsche Pfandbriefbank has a 12-month low of €10.36 ($12.05) and a 12-month high of €15.46 ($17.98).
Deutsche Pfandbriefbank AG, a specialist bank, provides real estate and public investment finance in Europe and the United States. Its real estate financing activities include a range of financing instruments, such as financing investment projects, development finance, cross-border portfolio financing, investment bridge finance facilities, standby/backup facilities, and derivatives.
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