Is Patrizia Immobilien (ETR:P1Z) Worth Your Time and Dime Following a Oddo Seydler Bank AG Upgrade?


Patrizia Immobilien (ETR:P1Z) Stock Upgrade

In a recent report shared with investors and clients earlier today, Oddo Seydler Bank AG increased shares of Patrizia Immobilien (ETR:P1Z) to a Buy. Analysts currently have a EUR 26.00 target price per share on the shares. Oddo Seydler Bank AG’s target price per share would indicate a ppossible upside of 10.54% from the last close price of the stock.

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 €26.50 while the lowest target price is €21. The mean of all analyst targets is €23.28 with a -1.19% below today’s (€23.56) stock price. Patrizia Immobilien was the topic of 16 analyst reports since August 6, 2015 according to the firm StockzIntelligence Inc. Deutsche Bank maintained shares on December 1 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 October 9 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, Landesbank maintained the stock with “Hold” rating in a report issued on a September 8.

The stock increased 0.06% or EUR 0.01 on December 1, striking EUR 23.56. Approximately 112,288 shares of stock traded hands. Patrizia Immobilien AG (ETR:P1Z) has risen 6.00% since November 2, 2015 and is uptrending. It has outperformed by 7.62% the S&P500.

 Is Patrizia Immobilien (ETR:P1Z) Worth Your Time and Dime Following a Oddo Seydler Bank AG Upgrade?

Patrizia Immobilien AG is a Germany real estate company. The company has a market cap of 1.78 billion EUR. The Firm engages in the acquisition of residential and commercial real estate. It has 19.24 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.