Aareal Bank (ETR:ARL) has been assigned a €34.00 ($40.48) target price by equities research analysts at Berenberg Bank in a research report issued on Friday, November 17th. The firm presently has a “neutral” rating on the stock. Berenberg Bank’s target price suggests a potential downside of 8.42% from the stock’s current price.
ARL has been the subject of a number of other research reports. Independent Research set a €39.00 ($46.43) target price on shares of Aareal Bank and gave the stock a “neutral” rating in a report on Tuesday, November 14th. equinet set a €38.00 ($45.24) target price on shares of Aareal Bank and gave the stock a “buy” rating in a report on Thursday, August 24th. DZ Bank reissued a “buy” rating on shares of Aareal Bank in a report on Monday, November 6th. Kepler Capital Markets set a €37.00 ($44.05) target price on shares of Aareal Bank and gave the stock a “neutral” rating in a report on Thursday, November 16th. Finally, Deutsche Bank set a €41.00 ($48.81) target price on shares of Aareal Bank and gave the stock a “buy” rating in a report on Tuesday, September 26th. Three research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of €39.27 ($46.75).
Aareal Bank (ETR ARL) traded up €0.09 ($0.11) on Friday, reaching €37.13 ($44.20). 314,431 shares of the company traded hands, compared to its average volume of 375,816. Aareal Bank has a 1-year low of €33.35 ($39.70) and a 1-year high of €38.95 ($46.37).
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Aareal Bank Company Profile
Aareal Bank AG, through its subsidiaries, provides financing solutions and services to the property industry in Germany and internationally. The company operates in two segments, Structured Property Financing and Consulting/Services. The Structured Property Financing segment offers property financing and refinancing solutions for office buildings, shopping centers, hotels, retail, logistics, and residential properties in Europe, North America, and Asia.
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