Aareal Bank (ETR:ARL) has been given a €29.00 ($33.72) price target by stock analysts at Deutsche Bank in a research report issued on Tuesday, Borsen Zeitung reports. The brokerage currently has a “neutral” rating on the stock. Deutsche Bank’s price objective points to a potential upside of 0.38% from the stock’s previous close.
Other research analysts have also recently issued reports about the company. Warburg Research set a €32.90 ($38.26) price objective on Aareal Bank and gave the company a “buy” rating in a research note on Thursday, February 7th. HSBC set a €35.00 ($40.70) price objective on Aareal Bank and gave the company a “buy” rating in a research note on Wednesday, March 6th. Nord/LB set a €29.30 ($34.07) price objective on Aareal Bank and gave the company a “neutral” rating in a research note on Thursday, May 9th. DZ Bank reaffirmed a “neutral” rating on shares of Aareal Bank in a research note on Thursday, May 9th. Finally, Independent Research set a €29.00 ($33.72) price objective on Aareal Bank and gave the company a “neutral” rating in a research note on Wednesday, February 27th. Two analysts have rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of €33.68 ($39.16).
Shares of ETR:ARL opened at €28.89 ($33.59) on Tuesday. Aareal Bank has a 12-month low of €25.82 ($30.02) and a 12-month high of €42.25 ($49.13). The stock has a market cap of $1.73 billion and a PE ratio of 8.45. The company has a current ratio of 0.23, a quick ratio of 0.13 and a debt-to-equity ratio of 248.77.
Aareal Bank AG, together with its subsidiaries, provides financing, software products, and digital solutions for the property sector and related industries in Germany and internationally. The company operates in two segments, Structured Property Financing and Consulting/Services. The Structured Property Financing segment offers property financing and refinancing solutions for office buildings, hotels, and shopping centers, as well as retail, logistics, and residential properties.
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