Deutsche EuroShop AG (DEQ) Given Consensus Recommendation of “Buy” by Analysts
Shares of Deutsche EuroShop AG (ETR:DEQ) have been given a consensus rating of “Buy” by the sixteen analysts that are currently covering the company, MarketBeat Ratings reports. Eight investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is €38.81 ($46.20).
DEQ has been the topic of a number of analyst reports. equinet set a €42.00 ($50.00) price target on Deutsche EuroShop and gave the company a “buy” rating in a research note on Friday, August 11th. J P Morgan Chase & Co set a €41.00 ($48.81) price objective on Deutsche EuroShop and gave the stock a “neutral” rating in a research note on Thursday, August 17th. Oddo Bhf set a €37.00 ($44.05) price objective on Deutsche EuroShop and gave the stock a “neutral” rating in a research note on Wednesday, September 20th. DZ Bank reaffirmed a “buy” rating on shares of Deutsche EuroShop in a research note on Thursday, November 16th. Finally, Baader Bank set a €39.50 ($47.02) price objective on Deutsche EuroShop and gave the stock a “buy” rating in a research note on Thursday, November 16th.
Shares of Deutsche EuroShop (ETR:DEQ) opened at €32.83 ($39.08) on Friday. Deutsche EuroShop has a 12-month low of €30.29 ($36.06) and a 12-month high of €39.47 ($46.99).
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Deutsche EuroShop Company Profile
Deutsche EuroShop AG is a real estate investment firm. The firm specializes in investments in shopping centers in prime locations. It invests in centers with a minimum property size of 15,000 m² of which no more than 15 percent may be office space or other non-commercial usage. The firm seeks to invest in Europe with a main focus towards Germany.
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