Deutsche EuroShop (ETR:DEQ) PT Set at €22.00 by Berenberg Bank

Deutsche EuroShop (ETR:DEQGet Rating) has been given a €22.00 ($22.92) price objective by research analysts at Berenberg Bank in a research note issued on Monday, Borsen Zeitung reports. Berenberg Bank’s price target indicates a potential upside of 40.75% from the stock’s previous close.

A number of other analysts have also commented on the stock. Warburg Research set a €24.20 ($25.21) price target on shares of Deutsche EuroShop in a research note on Wednesday, May 18th. Deutsche Bank Aktiengesellschaft set a €17.50 ($18.23) price target on shares of Deutsche EuroShop in a research note on Tuesday, January 25th. Baader Bank set a €22.00 ($22.92) target price on shares of Deutsche EuroShop in a research note on Monday. Finally, Deutsche Bank Rese… set a €17.50 ($18.23) target price on shares of Deutsche EuroShop in a research note on Monday, May 16th.

Shares of ETR DEQ traded down €0.38 ($0.40) during midday trading on Monday, reaching €15.63 ($16.28). The stock had a trading volume of 98,480 shares, compared to its average volume of 222,238. The company has a debt-to-equity ratio of 63.00, a quick ratio of 1.00 and a current ratio of 1.06. Deutsche EuroShop has a twelve month low of €13.26 ($13.81) and a twelve month high of €21.68 ($22.58). The company’s 50 day moving average price is €16.14 and its 200 day moving average price is €15.98. The firm has a market cap of $965.68 million and a price-to-earnings ratio of 15.54.

About Deutsche EuroShop (Get Rating)

Deutsche EuroShop AG is a German-based international real estate investment company headquartered in Hamburg. It is the largest German investor in shopping centers, and the country's only publicly traded company to do so exclusively. At the end of 2010 the firm held investments in 18 properties, of which 14 were in Germany, two in Poland and one each in Austria and Hungary.

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