Warburg Research Reiterates €44.50 Price Target for Aareal Bank (ARL)
Aareal Bank (ETR:ARL) has been given a €44.50 ($54.94) price objective by equities researchers at Warburg Research in a report issued on Monday. The brokerage currently has a “buy” rating on the stock. Warburg Research’s target price points to a potential upside of 13.99% from the stock’s previous close.
ARL has been the topic of a number of other research reports. Independent Research set a €39.00 ($48.15) price target on Aareal Bank and gave the stock a “neutral” rating in a research note on Tuesday, November 14th. Commerzbank set a €42.00 ($51.85) price target on Aareal Bank and gave the stock a “buy” rating in a research note on Wednesday, February 21st. Nord/LB set a €39.50 ($48.77) price target on Aareal Bank and gave the stock a “neutral” rating in a research note on Wednesday, February 28th. DZ Bank restated a “buy” rating on shares of Aareal Bank in a research note on Monday, November 6th. Finally, Kepler Capital Markets set a €37.00 ($45.68) price target on Aareal Bank and gave the stock a “neutral” rating in a research note on Thursday, November 16th. Five analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of €40.50 ($50.00).
Shares of Aareal Bank (ETR ARL) opened at €39.04 ($48.20) on Monday. Aareal Bank has a 52 week low of €33.35 ($41.17) and a 52 week high of €41.89 ($51.72). The firm has a market capitalization of $2,320.00 and a PE ratio of 11.28.
Aareal Bank AG, through its subsidiaries, provides financing solutions and services to the property industry in Germany and internationally. The company operates in two segments, Structured Property Financing and Consulting/Services. The Structured Property Financing segment offers property financing and refinancing solutions for office buildings, shopping centers, hotels, retail, logistics, and residential properties in Europe, North America, and Asia.
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