Nord/LB Reiterates €12.42 Price Target for Deutsche Pfandbriefbank (FRA:PBB)

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Nord/LB set a €12.42 ($14.44) price objective on Deutsche Pfandbriefbank (FRA:PBB) in a report issued on Tuesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

Several other analysts have also recently commented on PBB. HSBC set a €16.00 ($18.60) price target on shares of Deutsche Pfandbriefbank and gave the stock a buy rating in a research note on Tuesday, November 5th. Kepler Capital Markets set a €14.50 ($16.86) price target on shares of Deutsche Pfandbriefbank and gave the stock a buy rating in a research note on Friday, November 8th. Pareto Securities set a €13.40 ($15.58) price target on shares of Deutsche Pfandbriefbank and gave the stock a buy rating in a research note on Friday, November 8th. Commerzbank set a €15.00 ($17.44) price target on shares of Deutsche Pfandbriefbank and gave the stock a buy rating in a research note on Monday, August 12th. Finally, Berenberg Bank set a €11.90 ($13.84) price target on shares of Deutsche Pfandbriefbank and gave the stock a buy rating in a research note on Wednesday, September 4th. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company currently has an average rating of Buy and a consensus price target of €13.39 ($15.57).

PBB stock traded down €0.03 ($0.03) during mid-day trading on Tuesday, hitting €13.36 ($15.53). The company had a trading volume of 635,516 shares. Deutsche Pfandbriefbank has a 12-month low of €10.36 ($12.05) and a 12-month high of €15.46 ($17.98). The company has a 50-day moving average price of €11.99 and a 200 day moving average price of €11.34.

Deutsche Pfandbriefbank Company Profile

Deutsche Pfandbriefbank AG, a specialist bank, provides real estate and public investment finance in Europe and the United States. 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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Analyst Recommendations for Deutsche Pfandbriefbank (FRA:PBB)

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