Deutsche Pfandbriefbank (FRA:PBB) received a €13.00 ($16.05) target price from investment analysts at Nord/LB in a research note issued to investors on Wednesday. The brokerage presently has a “neutral” rating on the stock. Nord/LB’s price objective points to a potential upside of 3.26% from the stock’s current price.
Several other brokerages also recently issued reports on PBB. Kepler Capital Markets set a €14.50 ($17.90) price target on shares of Deutsche Pfandbriefbank and gave the company a “buy” rating in a report on Friday, March 2nd. Commerzbank set a €15.00 ($18.52) price target on shares of Deutsche Pfandbriefbank and gave the stock a “buy” rating in a research report on Thursday, February 22nd. JPMorgan Chase set a €12.60 ($15.56) price target on shares of Deutsche Pfandbriefbank and gave the stock a “neutral” rating in a research report on Thursday, March 1st. Citigroup set a €14.70 ($18.15) price target on shares of Deutsche Pfandbriefbank and gave the stock a “neutral” rating in a research report on Friday, March 2nd. Finally, Deutsche Bank set a €12.50 ($15.43) price target on shares of Deutsche Pfandbriefbank and gave the stock a “neutral” rating in a research report on Monday, February 5th. Five research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of €13.89 ($17.15).
PBB stock traded down €0.08 ($0.10) during trading on Wednesday, hitting €12.59 ($15.54). 185,171 shares of the stock traded hands. Deutsche Pfandbriefbank has a one year low of €10.36 ($12.79) and a one year high of €15.46 ($19.09).
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About Deutsche Pfandbriefbank
Deutsche Pfandbriefbank AG, a specialist bank, provides real estate and public investment finance in Europe. 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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