Deutsche EuroShop (ETR:DEQ) Stock Upgrade
Expert analysts at the Bankhaus Lampe KG equity division lifted shares of Deutsche EuroShop (ETR:DEQ) to a “Buy” on Saturday morning. Bankhaus Lampe KG currently has a target price per share of EUR 45.00 on DEQ or 15.95% more upside.
From a total of 12 analysts covering Deutsche EuroShop (ETR:DEQ) stock, 7 rate it a ”Buy”, 0 a “Sell”, and 5 a ”Hold”. This means that 58% of the ratings are positive. The highest target price is €52.80 while the lowest target price is €40. The mean of all analyst targets is €44.62 with a 15.00% above today’s (€38.8) stock price. Deutsche EuroShop was the topic of 26 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Kepler Cheuvreux upgraded shares on November 20 to “Buy” rating. Oddo & Cie maintained shares with “Hold” rating and €40 target share price in a report from a November 17. DZ-Bank AG upgraded DEQ stock in a recent report from November 19 to “Buy” rating. Warburg Research maintained the rating on November 17. Warburg Research has a “Neutral” rating and a €40.30 price target on shares. Finally, Equinet upgraded the stock to “Accumulate” rating in a report issued on a November 18.
The stock decreased 0.73% or EUR 0.28 on December 11, striking EUR 38.8. Approximately 325,154 shares of stock traded hands or 93.17% up from the average. Deutsche EuroShop AG (ETR:DEQ) has declined 10.94% since May 14, 2015 and is downtrending. It has underperformed by 7.92% the S&P500.
Deutsche Euroshop AG is a Germany-based holding firm that focuses on acquiring, managing, using and selling investments of all kinds, and in particular investments in retail properties. The company has a market cap of 2.08 billion EUR. The Firm is organized, along with its subsidiaries, into two geographical divisions: Domestic and International. It has 11.95 P/E ratio. Management of its shopping centers is outsourced to its external partner ECE Projektmanagement GmbH & Co.KG, which is engaged in developing, planning, implementing, renting out and managing shopping centers.