Baader Bank set a €17.80 ($20.94) target price on Deutsche EuroShop (ETR:DEQ) in a report issued on Wednesday, Borsen Zeitung reports. The brokerage currently has a sell rating on the stock.
Several other equities analysts have also issued reports on the company. Kepler Capital Markets set a €26.00 ($30.59) price target on Deutsche EuroShop and gave the stock a buy rating in a research report on Wednesday. JPMorgan Chase & Co. set a €17.00 ($20.00) price target on Deutsche EuroShop and gave the stock a neutral rating in a research report on Monday, January 18th. Nord/LB set a €18.00 ($21.18) price objective on Deutsche EuroShop and gave the stock a neutral rating in a report on Friday, April 9th. Independent Research set a €15.00 ($17.65) price objective on Deutsche EuroShop and gave the stock a sell rating in a report on Wednesday, April 14th. Finally, Warburg Research set a €18.40 ($21.65) price objective on Deutsche EuroShop and gave the stock a buy rating in a report on Wednesday, March 24th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the stock. The stock has a consensus rating of Hold and an average price target of €18.65 ($21.94).
DEQ opened at €18.90 ($22.24) on Wednesday. The stock has a 50-day moving average price of €18.54 and a 200-day moving average price of €17.39. The company has a debt-to-equity ratio of 67.74, a current ratio of 1.44 and a quick ratio of 1.36. The firm has a market cap of $1.17 billion and a PE ratio of -4.55. Deutsche EuroShop has a 1 year low of €9.28 ($10.92) and a 1 year high of €19.97 ($23.49).
Deutsche EuroShop AG is a German-based international real estate investment company headquartered in Hamburg. It is the largest German investor in shopping centers, and the country's only publicly traded company to do so exclusively. At the end of 2010 the firm held investments in 18 properties, of which 14 were in Germany, two in Poland and one each in Austria and Hungary.
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