Deutsche EuroShop (ETR:DEQ) has been assigned a €25.80 ($30.00) price target by JPMorgan Chase & Co. in a research report issued to clients and investors on Thursday, Borsen Zeitung reports. The firm presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price objective points to a potential upside of 3.53% from the stock’s current price.
DEQ has been the subject of several other research reports. Berenberg Bank set a €30.00 ($34.88) price target on shares of Deutsche EuroShop and gave the stock a “neutral” rating in a report on Thursday, November 14th. HSBC set a €24.00 ($27.91) price target on shares of Deutsche EuroShop and gave the stock a “sell” rating in a report on Wednesday, November 27th. Deutsche Bank set a €28.50 ($33.14) price target on shares of Deutsche EuroShop and gave the stock a “neutral” rating in a report on Thursday, November 14th. Baader Bank set a €30.00 ($34.88) target price on shares of Deutsche EuroShop and gave the stock a “buy” rating in a research note on Wednesday, November 13th. Finally, Nord/LB set a €24.00 ($27.91) target price on shares of Deutsche EuroShop and gave the stock a “neutral” rating in a research note on Thursday, November 28th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of €29.13 ($33.87).
Shares of ETR DEQ opened at €24.92 ($28.98) on Thursday. The firm has a market cap of $1.54 billion and a PE ratio of 17.00. The firm has a fifty day moving average of €25.86 and a 200 day moving average of €25.43. The company has a debt-to-equity ratio of 60.32, a quick ratio of 2.07 and a current ratio of 2.37. Deutsche EuroShop has a one year low of €22.10 ($25.70) and a one year high of €27.76 ($32.28).
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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