Deutz (DEZ) PT Set at €9.20 by HSBC

Deutz (ETR:DEZ) received a €9.20 ($10.70) target price from stock analysts at HSBC in a note issued to investors on Wednesday. The brokerage currently has a “buy” rating on the stock. HSBC’s price target would indicate a potential upside of 56.06% from the stock’s previous close.

DEZ has been the topic of several other research reports. Baader Bank set a €8.50 ($9.88) price target on shares of Deutz and gave the company a “buy” rating in a research report on Thursday, November 8th. Warburg Research set a €9.30 ($10.81) price target on shares of Deutz and gave the company a “buy” rating in a research report on Monday, November 12th. Kepler Capital Markets set a €10.00 ($11.63) price target on shares of Deutz and gave the company a “buy” rating in a research report on Thursday, October 18th. Commerzbank set a €8.00 ($9.30) price target on shares of Deutz and gave the company a “neutral” rating in a research report on Friday, November 9th. Finally, Berenberg Bank set a €9.40 ($10.93) price target on shares of Deutz and gave the company a “buy” rating in a research report on Friday, November 9th. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. Deutz presently has an average rating of “Buy” and a consensus target price of €9.07 ($10.54).

DEZ opened at €5.90 ($6.85) on Wednesday. Deutz has a 1-year low of €5.80 ($6.74) and a 1-year high of €8.25 ($9.59).

About Deutz

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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