Deutsche EuroShop (ETR:DEQ) Given a €30.00 Price Target by Berenberg Bank Analysts

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Deutsche EuroShop (ETR:DEQ) has been assigned a €30.00 ($34.88) price objective by stock analysts at Berenberg Bank in a research report issued on Friday, Borsen Zeitung reports. The firm presently has a “neutral” rating on the stock. Berenberg Bank’s price objective indicates a potential upside of 33.69% from the stock’s previous close.

Other research analysts have also recently issued research reports about the stock. Nord/LB set a €26.72 ($31.07) price target on shares of Deutsche EuroShop and gave the stock a “neutral” rating in a report on Thursday, May 16th. Independent Research set a €28.00 ($32.56) price target on shares of Deutsche EuroShop and gave the stock a “neutral” rating in a report on Thursday, May 16th. Kepler Capital Markets set a €32.50 ($37.79) price target on shares of Deutsche EuroShop and gave the stock a “buy” rating in a report on Wednesday, May 15th. Baader Bank set a €30.00 ($34.88) price target on shares of Deutsche EuroShop and gave the stock a “buy” rating in a report on Thursday, May 16th. Finally, HSBC set a €30.00 ($34.88) price target on shares of Deutsche EuroShop and gave the stock a “neutral” rating in a report on Wednesday, May 29th. Seven investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of €31.29 ($36.39).

ETR DEQ opened at €22.44 ($26.09) on Friday. The company has a quick ratio of 2.73, a current ratio of 3.06 and a debt-to-equity ratio of 59.69. Deutsche EuroShop has a 52 week low of €23.82 ($27.70) and a 52 week high of €30.50 ($35.47). The stock has a market capitalization of $1.39 billion and a PE ratio of 15.68. The firm has a 50 day moving average of €24.72 and a two-hundred day moving average of €26.12.

About Deutsche EuroShop

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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Analyst Recommendations for Deutsche EuroShop (ETR:DEQ)

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