DZ-Bank AG Has Just Given Deutsche Wohnen (ETR:DWN) a Higher Rating. Are Other Analysts Next?


Deutsche Wohnen (ETR:DWN) Stock Upgrade

In a very recent research note shared with investors and clients on Tuesday morning, equity analysts at DZ-Bank AG’s division of equities boosted their rating on shares of Deutsche Wohnen (ETR:DWN) stock to a Buy.

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 €26.92 with a 11.93% above today’s (€24.05) stock price. Deutsche Wohnen was the topic of 38 analyst reports since July 28, 2015 according to the firm StockzIntelligence Inc. Independent Research maintained shares on December 3 with “Neutral” rating. Berenberg upgraded shares to “Buy” rating and €30 target share price in a report from a December 1. Societe Generale upgraded DWN stock in a recent report from December 2 to “Buy” rating. HSBC maintained the rating on November 13. HSBC has a “Hold” rating and a €25 price target on shares. Finally, Bankhaus Lampe maintained the stock with “Hold” rating in a report issued on a December 1.

The stock decreased 2.04% or EUR 0.5 on December 14, striking EUR 24.05. Approximately 722,630 shares of stock traded hands. Deutsche Wohnen AG (ETR:DWN) has risen 0.92% since February 19, 2014 and is uptrending. It has outperformed by 5.33% the S&P500.

 DZ-Bank AG Has Just Given Deutsche Wohnen (ETR:DWN) a Higher Rating. Are Other Analysts Next?

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 8.11 billion EUR. The Firm divides its activities into three divisions: Residential Property Management; Disposals, and Nursing and Assisted Living. It has 6.21 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.