Deutsche Bank Analysts Give Deutsche Pfandbriefbank (FRA:PBB) a €11.00 Price Target
Deutsche Bank set a €11.00 ($12.79) price objective on Deutsche Pfandbriefbank (FRA:PBB) in a research report report published on Tuesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
A number of other research firms have also issued reports on PBB. Pareto Securities set a €13.40 ($15.58) target price on Deutsche Pfandbriefbank and gave the company a neutral rating in a report on Friday, November 22nd. HSBC set a €16.00 ($18.60) target price on Deutsche Pfandbriefbank and gave the company a buy rating in a report on Tuesday, November 5th. Kepler Capital Markets set a €15.00 ($17.44) target price on Deutsche Pfandbriefbank and gave the company a buy rating in a report on Thursday, November 14th. Finally, Nord/LB set a €12.42 ($14.44) target price on Deutsche Pfandbriefbank and gave the company a neutral rating in a report on Friday, January 17th. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock has an average rating of Buy and an average target price of €13.24 ($15.40).
FRA:PBB opened at €15.47 ($17.99) on Tuesday. The stock’s 50 day simple moving average is €14.66 and its 200-day simple moving average is €12.71. Deutsche Pfandbriefbank has a 12-month low of €10.36 ($12.05) and a 12-month high of €15.46 ($17.98).
Deutsche Pfandbriefbank AG, a specialist bank, provides real estate and public investment finance in Europe and the United States. Its real estate financing activities include a range of financing instruments, such as financing investment projects, development finance, cross-border portfolio financing, investment bridge finance facilities, standby/backup facilities, and derivatives.
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