Norddeutsche Landesbank Has Just Reaffirmed EUR 40.00 Target Price Per Share on Deutsche EuroShop (ETR:DEQ) stock, While They’ve Also Reiterated Their Hold Rating

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Deutsche EuroShop (ETR:DEQ) Rating Reaffirmed

Equity analysts at Norddeutsche Landesbank now has a EUR 40.00 Estimated Target Price on Deutsche EuroShop (ETR:DEQ). Norddeutsche Landesbank and their recent Estimated Target Price may mean a potential downside of -0.52% from the company’s previous close. The rating has been disclosed to clients in a recent report on Friday morning.

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 11.27% above today’s (€40.1) stock price. Deutsche EuroShop was the topic of 27 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Bankhaus Lampe upgraded shares on December 12 to “Buy” rating. Equinet upgraded shares to “Accumulate” rating and €42 target share price in a report from a November 18. Landesbank maintained DEQ stock in a recent report from November 19 with “Hold” rating. Oddo & Cie maintained the rating on November 17. Oddo & Cie has a “Hold” rating and a €40 price target on shares. Finally, Independent Research upgraded the stock to “Buy” rating in a report issued on a November 19.

The stock increased 1.01% or EUR 0.4 on December 17, striking EUR 40.1. Approximately 153,875 shares of stock traded hands. Deutsche EuroShop AG (ETR:DEQ) has declined 12.84% since May 21, 2015 and is downtrending. It has underperformed by 10.57% the S&P500.

Norddeutsche Landesbank Has Just Reaffirmed EUR 40.00 Target Price Per Share on Deutsche EuroShop (ETR:DEQ) stock, While They’ve Also Reiterated Their Hold Rating

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 2.14 billion EUR. The Firm is organized, along with its subsidiaries, into two geographical divisions: Domestic and International. It has 12.35 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.

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