Aareal Bank (ARL) Given a €29.30 Price Target at Nord/LB
Aareal Bank (ETR:ARL) received a €29.30 ($34.07) price objective from research analysts at Nord/LB in a report issued on Friday. The brokerage presently has a “neutral” rating on the stock. Nord/LB’s price objective would suggest a potential upside of 2.23% from the stock’s previous close.
Several other research analysts have also recently issued reports on ARL. Independent Research set a €29.00 ($33.72) price objective on Aareal Bank and gave the stock a “neutral” rating in a research report on Wednesday, February 27th. HSBC set a €35.00 ($40.70) price objective on Aareal Bank and gave the stock a “buy” rating in a research report on Wednesday, March 6th. DZ Bank reiterated a “neutral” rating on shares of Aareal Bank in a research report on Tuesday, February 19th. Warburg Research set a €32.90 ($38.26) price objective on Aareal Bank and gave the stock a “buy” rating in a research report on Wednesday, February 27th. Finally, Deutsche Bank set a €29.00 ($33.72) price objective on Aareal Bank and gave the stock a “neutral” rating in a research report on Friday, March 1st. Six equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of €34.91 ($40.59).
ETR:ARL opened at €28.66 ($33.33) on Friday. The firm has a market capitalization of $1.72 billion and a price-to-earnings ratio of 10.65. The company has a debt-to-equity ratio of 248.77, a current ratio of 0.23 and a quick ratio of 0.13. Aareal Bank has a 1 year low of €25.82 ($30.02) and a 1 year high of €42.93 ($49.92).
Aareal Bank AG, together with its subsidiaries, provides financing solutions and services to the property industry in Germany and internationally. The company operates through two segments, Structured Property Financing and Consulting/Services. The Structured Property Financing segment offers property financing and refinancing solutions for office buildings, hotels, retail, logistics, and residential properties, and shopping centers in Europe, North America, and Asia.
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