Deutsche Wohnen (FRA:DWNI) Given a €49.00 Price Target by Deutsche Bank Analysts
Deutsche Wohnen (FRA:DWNI) received a €49.00 ($56.98) target price from investment analysts at Deutsche Bank in a research report issued on Wednesday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. Deutsche Bank’s price target suggests a potential upside of 61.24% from the stock’s current price.
Other equities research analysts have also issued research reports about the stock. Nord/LB set a €43.93 ($51.08) price objective on shares of Deutsche Wohnen and gave the company a “neutral” rating in a report on Tuesday, May 14th. Barclays set a €46.00 ($53.49) price target on shares of Deutsche Wohnen and gave the company a “neutral” rating in a report on Thursday, May 23rd. Morgan Stanley set a €39.00 ($45.35) price target on shares of Deutsche Wohnen and gave the company a “neutral” rating in a report on Friday, June 7th. Bank of America set a €30.00 ($34.88) price target on shares of Deutsche Wohnen and gave the company a “sell” rating in a report on Thursday, July 4th. Finally, Baader Bank set a €38.00 ($44.19) price target on shares of Deutsche Wohnen and gave the company a “buy” rating in a report on Wednesday. Two analysts have rated the stock with a sell rating, eight have given a hold rating and ten have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of €40.72 ($47.35).
DWNI traded down €1.09 ($1.27) on Wednesday, reaching €30.39 ($35.34). 832,807 shares of the company traded hands. Deutsche Wohnen has a one year low of €30.48 ($35.44) and a one year high of €38.09 ($44.29). The firm has a fifty day moving average price of €32.95.
Deutsche Wohnen SE, a residential property company, develops and manages residential properties in Germany and Europe. The company operates through three segments: Residential Property Management, Disposals, and Nursing and Assisted Living. Its property portfolio consists of approximately 167,000 residential and commercial units; nursing properties with approximately 12,100 beds; and apartments for assisted living.
Featured Article: What is the Dividend Aristocrat Index?
Receive News & Ratings for Deutsche Wohnen Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deutsche Wohnen and related companies with MarketBeat.com's FREE daily email newsletter.