DIC ASSET (ETR:DAZ) Stock Upgrade
Trading of shares of DIC ASSET (ETR:DAZ) will be interesting to watch this afternoon as DZ-Bank AG raised the stock to a “Buy”.
From a total of 4 analysts covering DIC ASSET (ETR:DAZ) stock, 4 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that 100% of the ratings are positive. The highest target price is €10.50 while the lowest target price is €9. The mean of all analyst targets is €9.77 with a 8.80% above today’s (€8.98) stock price. DIC ASSET was the topic of 8 analyst reports since August 10, 2015 according to the firm StockzIntelligence Inc. Bankhaus Lampe upgraded shares on December 8 to “Buy” rating. DZ-Bank AG upgraded DAZ stock in a recent report from August 13 to “Buy” rating.
The stock increased 2.83% or EUR 0.25 on December 16, striking EUR 8.98. Approximately 196,494 shares of stock traded hands or 62.29% up from the average. DIC Asset AG (ETR:DAZ) has risen 6.00% since November 17, 2015 and is uptrending. It has outperformed by 8.62% the S&P500.
DIC Asset AG is a Germany-based real estate holding firm that focuses on investing in German commercial real estate. The company has a market cap of 611.66 million EUR. It expands its real estate assets through acquisition and project development. It has 26.33 P/E ratio. The Firm divides its business processes into two main business divisions: Commercial Portfolio and Co-Investments segment.