Liberum Capital reissued their buy rating on shares of Phoenix Spree Deutschland Ltd (LON:PSDL) in a research note issued to investors on Thursday morning. They currently have a GBX 254 ($3.32) target price on the stock, up from their previous target price of GBX 210 ($2.74).

Shares of Phoenix Spree Deutschland (LON:PSDL) opened at 221.227 on Thursday. The stock’s 50 day moving average is GBX 0.00 and its 200-day moving average is GBX 0.00. Phoenix Spree Deutschland has a one year low of GBX 145.00 and a one year high of GBX 222.00.

The business also recently declared a dividend, which will be paid on Friday, October 14th. Investors of record on Thursday, September 29th will be issued a dividend of GBX 1.60 ($0.02) per share. The ex-dividend date is Thursday, September 29th. This represents a yield of 0.72%.

About Phoenix Spree Deutschland

Phoenix Spree Deutschland Limited is an investment company. The Company invests in residential and commercial properties in Germany. Its segments include Residential and Commercial. The Company offers shareholders an exposure to the German real estate market, particularly residential property in Berlin and other secondary German cities.

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