Baader Bank Analysts Give DIC Asset (ETR:DIC) a €18.00 Price Target

DIC Asset (ETR:DIC) received a €18.00 ($20.93) price objective from equities researchers at Baader Bank in a report released on Thursday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock. Baader Bank’s target price suggests a potential upside of 11.25% from the stock’s current price.

A number of other research firms have also recently commented on DIC. Warburg Research set a €19.40 ($22.56) price target on DIC Asset and gave the stock a “buy” rating in a research note on Wednesday. HSBC set a €20.00 ($23.26) price objective on DIC Asset and gave the company a “buy” rating in a research note on Tuesday, November 26th. Berenberg Bank set a €14.00 ($16.28) price objective on DIC Asset and gave the company a “neutral” rating in a research note on Friday, November 8th. DZ Bank reiterated a “neutral” rating on shares of DIC Asset in a research note on Thursday. Finally, Kepler Capital Markets set a €15.25 ($17.73) price objective on DIC Asset and gave the company a “buy” rating in a research note on Monday, November 18th. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of €15.58 ($18.11).

DIC traded down €0.04 ($0.05) during trading hours on Thursday, reaching €16.18 ($18.81). The company’s stock had a trading volume of 203,855 shares, compared to its average volume of 180,861. The company has a debt-to-equity ratio of 154.87, a current ratio of 1.56 and a quick ratio of 1.00. The business’s 50-day moving average is €15.46 and its 200-day moving average is €12.53. DIC Asset has a fifty-two week low of €9.23 ($10.73) and a fifty-two week high of €16.20 ($18.84). The stock has a market cap of $1.17 billion and a PE ratio of 21.54.

About DIC Asset

DIC Asset AG is one o f Germany's leading listed property companies, and specialises in commercial real estate. With around 20 years of experience on the German real estate market, the company maintains a regional footprint on all major German markets through six branch offices, and has 178 assets with a combined market value of c.

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Analyst Recommendations for DIC Asset (ETR:DIC)

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