Deutsche EuroShop (DEQ) Given a €34.50 Price Target by Nord/LB Analysts

Deutsche EuroShop (ETR:DEQ) received a €34.50 ($41.07) price objective from equities researchers at Nord/LB in a report issued on Friday. The brokerage currently has a “neutral” rating on the stock. Nord/LB’s price objective would suggest a potential upside of 5.89% from the stock’s current price.

Several other brokerages also recently commented on DEQ. Berenberg Bank set a €43.00 ($51.19) target price on Deutsche EuroShop and gave the company a “buy” rating in a report on Thursday, November 16th. DZ Bank reaffirmed a “buy” rating on shares of Deutsche EuroShop in a report on Thursday, November 16th. Independent Research set a €42.00 ($50.00) target price on Deutsche EuroShop and gave the company a “buy” rating in a report on Thursday, November 16th. Baader Bank set a €39.50 ($47.02) target price on Deutsche EuroShop and gave the company a “buy” rating in a report on Thursday, November 16th. Finally, Kepler Capital Markets set a €41.00 ($48.81) target price on Deutsche EuroShop and gave the company a “buy” rating in a report on Thursday, November 16th. Eight analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of €38.61 ($45.96).

Shares of Deutsche EuroShop (DEQ) traded up €0.10 ($0.12) during midday trading on Friday, hitting €32.58 ($38.79). The stock had a trading volume of 167,262 shares, compared to its average volume of 237,700. Deutsche EuroShop has a twelve month low of €30.29 ($36.06) and a twelve month high of €39.47 ($46.99). The stock has a market capitalization of $2,010.00 and a P/E ratio of 7.97.

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Deutsche EuroShop Company Profile

Deutsche EuroShop is the only public company in Germany to invest solely in shopping centers in prime locations. The MDAX-listed company currently has investments in 21 shopping centers in Germany, Austria, Poland, the Czech Republic and Hungary. The portfolio includes the Main- Taunus-Zentrum near Frankfurt, the Altmarkt-Galerie in Dresden and the Galeria Baltycka in Gdansk, among many others.

Analyst Recommendations for Deutsche EuroShop (ETR:DEQ)

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