Baader Bank set a €30.00 ($34.88) target price on Deutsche EuroShop (ETR:DEQ) in a research note published on Wednesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
DEQ has been the subject of several other research reports. Nord/LB set a €24.00 ($27.91) price objective on Deutsche EuroShop and gave the company a neutral rating in a report on Thursday, September 5th. Berenberg Bank set a €30.00 ($34.88) price objective on Deutsche EuroShop and gave the company a neutral rating in a report on Wednesday, October 9th. Warburg Research set a €38.60 ($44.88) price objective on Deutsche EuroShop and gave the company a buy rating in a report on Friday, August 16th. DZ Bank restated a buy rating on shares of Deutsche EuroShop in a report on Friday, August 16th. Finally, HSBC set a €26.00 ($30.23) price objective on Deutsche EuroShop and gave the company a neutral rating in a report on Tuesday, August 27th. Seven research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus target price of €29.40 ($34.19).
Shares of ETR DEQ traded up €0.50 ($0.58) during midday trading on Wednesday, hitting €26.70 ($31.05). 333,655 shares of the stock traded hands, compared to its average volume of 222,238. The company has a market cap of $1.65 billion and a PE ratio of 18.25. Deutsche EuroShop has a one year low of €22.10 ($25.70) and a one year high of €28.48 ($33.12). The business has a 50 day moving average price of €26.51 and a two-hundred day moving average price of €25.60. The company has a debt-to-equity ratio of 61.07, a quick ratio of 1.59 and a current ratio of 1.96.
About Deutsche EuroShop
Deutsche EuroShop is Germany's only public company, that invests solely in shopping centers in prime locations. The Company currently has equity interests in 21 European shopping centers in Germany, Austria, Czech Republic, Hungary and Poland. The market value of these shopping centers, which are predominantly in city center locations, amounts to 5.1 billion.
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