Deutsche EuroShop (OTCMKTS:DHRPY) Downgraded to Hold at HSBC

Deutsche EuroShop (OTCMKTS:DHRPYGet Rating) was downgraded by stock analysts at HSBC from a “buy” rating to a “hold” rating in a research note issued to investors on Tuesday, The Fly reports.

Separately, Deutsche Bank Aktiengesellschaft lowered their price objective on Deutsche EuroShop to €17.50 ($18.62) in a research report on Tuesday, January 25th.

Shares of DHRPY opened at $5.92 on Tuesday. The business’s 50 day moving average price is $4.90 and its 200-day moving average price is $5.61. Deutsche EuroShop has a 52 week low of $4.88 and a 52 week high of $5.92.

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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