Deutsche Wohnen (ETR:DWN) Rating Reaffirmed
In recent note sent to investors on Thursday morning, The Neutral rating of Deutsche Wohnen (ETR:DWN) shares was maintained by Independent Research GmbH, who now has a EUR 27.00 target PPS on the stock. Independent Research GmbH’s target PPS indicates a possible upside of 6.47% from the current stock price of the company.
From a total of 14 analysts covering Deutsche Wohnen (ETR:DWN) stock, 8 rate it a ”Buy”, 1 a “Sell”, and 5 a ”Hold”. This means that 57% of the ratings are positive. The highest target price is €30 while the lowest target price is €23. The mean of all analyst targets is €26.85 with a 5.92% above today’s (€25.35) stock price. Deutsche Wohnen was the topic of 37 analyst reports since July 28, 2015 according to the firm StockzIntelligence Inc. Oddo & Cie maintained shares on December 2 with “Neutral” rating. HSBC maintained shares with “Hold” rating and €25 target share price in a report from a November 13. Landesbank upgraded DWN stock in a recent report from December 1 to “Buy” rating. Independent Research maintained the rating on November 12. Independent Research has a “Hold” rating and a €26 price target on shares. Finally, Berenberg upgraded the stock to “Buy” rating in a report issued on a December 1.
The stock decreased 2.01% or EUR 0.52 on December 2, striking EUR 25.35. Approximately 1.08 million shares of stock traded hands or 16.58% up from the average. Deutsche Wohnen AG (ETR:DWN) has risen 0.92% since February 19, 2014 and is uptrending. It has outperformed by 1.12% the S&P500.
Deutsche Wohnen AG is a Germany-based holding company, primarily engaged in property management and development of its own residential property portfolio. The company has a market cap of 8.55 billion EUR. The Firm divides its activities into three divisions: Residential Property Management; Disposals, and Nursing and Assisted Living. It has 6.55 P/E ratio. The Residential Property Management segment’s core activity is the management of residential properties, including modernization and maintenance of the property portfolio.