Berenberg Bank Analysts Give Deutsche EuroShop (DEQ) a €39.00 Price Target

Deutsche EuroShop (ETR:DEQ) received a €39.00 ($46.43) target price from analysts at Berenberg Bank in a research note issued to investors on Wednesday. The brokerage presently has a “buy” rating on the stock. Berenberg Bank’s target price points to a potential upside of 22.10% from the stock’s previous close.

Other analysts have also recently issued research reports about the stock. set a €40.00 ($47.62) price objective on shares of Deutsche EuroShop and gave the company a “buy” rating in a research report on Tuesday, November 7th. Societe Generale set a €44.00 ($52.38) price objective on shares of Deutsche EuroShop and gave the company a “buy” rating in a research report on Thursday, November 16th. DZ Bank restated a “buy” rating on shares of Deutsche EuroShop in a research report on Thursday, November 16th. Independent Research set a €42.00 ($50.00) price objective on shares of Deutsche EuroShop and gave the company a “buy” rating in a research report on Thursday, November 16th. Finally, Baader Bank set a €39.50 ($47.02) price objective on shares of Deutsche EuroShop and gave the company a “buy” rating in a research report on Thursday, November 16th. Eight equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of €38.34 ($45.64).

Deutsche EuroShop (DEQ) traded up €0.32 ($0.38) on Wednesday, hitting €31.94 ($38.02). 147,872 shares of the company were exchanged, compared to its average volume of 229,500. Deutsche EuroShop has a 1-year low of €30.29 ($36.06) and a 1-year high of €39.47 ($46.99). The company has a market cap of $1,970.00 and a PE ratio of 7.81.

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About Deutsche EuroShop

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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