Deutsche EuroShop (DEQ) Given a €28.00 Price Target at Independent Research
Deutsche EuroShop (ETR:DEQ) has been assigned a €28.00 ($32.56) target price by equities research analysts at Independent Research in a report issued on Thursday, Borsen Zeitung reports. The firm presently has a “neutral” rating on the stock. Independent Research’s price objective would indicate a potential upside of 3.02% from the stock’s previous close.
DEQ has been the subject of several other research reports. Berenberg Bank set a €30.00 ($34.88) price target on Deutsche EuroShop and gave the company a “neutral” rating in a research note on Thursday, January 17th. DZ Bank restated a “buy” rating on shares of Deutsche EuroShop in a research note on Thursday, January 17th. Oddo Bhf set a €30.90 ($35.93) price target on Deutsche EuroShop and gave the company a “neutral” rating in a research note on Monday, March 4th. Baader Bank set a €30.00 ($34.88) price objective on Deutsche EuroShop and gave the stock a “buy” rating in a research note on Thursday, January 17th. Finally, Warburg Research set a €38.60 ($44.88) price objective on Deutsche EuroShop and gave the stock a “buy” rating in a research note on Tuesday, April 2nd. Nine investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of €31.67 ($36.83).
Shares of Deutsche EuroShop stock opened at €27.18 ($31.60) on Thursday. The company has a quick ratio of 2.35, a current ratio of 2.49 and a debt-to-equity ratio of 60.46. Deutsche EuroShop has a twelve month low of €24.78 ($28.81) and a twelve month high of €32.36 ($37.63). The stock has a market capitalization of $1.68 billion and a P/E ratio of 21.15.
Deutsche EuroShop is Germany's only public company, that invests solely in shopping centers in prime locations. The Company currently has equity interests in 21 European shopping centers in Germany, Austria, Czech Republic, Hungary and Poland. The market value of these shopping centers, which are predominantly in city center locations, amounts to 5.1 billion.
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