Patrizia Immobilien (ETR:P1Z) Rating Reaffirmed
Patrizia Immobilien (ETR:P1Z) just had their share rating of a ‘Neutral’ issued by research analysts at equinet AG, who now has a EUR 25.00 Estimated Target Price on the 1.97 billion EUR market cap company or a -1.65% downside potential. This key information was disclosed to clients in a recent report on Saturday morning.
From a total of 9 analysts covering Patrizia Immobilien (ETR:P1Z) stock, 4 rate it a ”Buy”, 0 a “Sell”, and 5 a ”Hold”. This means that 44% of the ratings are positive. The highest target price is €28 while the lowest target price is €21. The mean of all analyst targets is €24.28 with a -3.77% below today’s (€25.23) stock price. Patrizia Immobilien was the topic of 19 analyst reports since August 6, 2015 according to the firm StockzIntelligence Inc. Landesbank maintained shares on December 4 with “Hold” rating. Baader Wertpapierhandelsbank upgraded shares to “Buy” rating and €26.50 target share price in a report from an August 26. Oddo & Cie upgraded P1Z stock in a recent report from December 2 to “Buy” rating. Kepler Cheuvreux maintained the rating on August 20. Kepler Cheuvreux has a “Hold” rating and a €22 price target on shares. Finally, Bankhaus Lampe upgraded the stock to “Buy” rating in a report issued on a December 1.
The stock decreased 0.28% or EUR 0.07 on December 11, striking EUR 25.23. Approximately 161,137 shares of stock traded hands or 12.99% up from the average. Patrizia Immobilien AG (ETR:P1Z) has risen 6.00% since November 12, 2015 and is uptrending. It has outperformed by 9.02% the S&P500.
Patrizia Immobilien AG is a Germany real estate company. The company has a market cap of 1.97 billion EUR. The Firm engages in the acquisition of residential and commercial real estate. It has 20.6 P/E ratio. In addition, it offers advisory services to clients on real estate acquisition; positioning of individual properties, such as residential and business complexes, building sites, housing estate and housing companies on the market; management of real estate properties; and develops property-specific solutions and manages the construction projects to be implemented.