Deutsche Bank Aktiengesellschaft Forecasts Strong Price Appreciation for Cairn Homes (LON:CRN) Stock

Cairn Homes (LON:CRN) had its price target raised by investment analysts at Deutsche Bank Aktiengesellschaft from GBX 190 to GBX 200 in a note issued to investors on Wednesday, Marketbeat Ratings reports. The firm currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target would suggest a potential upside of 6.38% from the company’s previous close.

Cairn Homes Stock Performance

LON:CRN opened at GBX 188 on Wednesday. Cairn Homes has a twelve month low of GBX 145.41 and a twelve month high of GBX 197.80. The company has a current ratio of 9.29, a quick ratio of 0.22 and a debt-to-equity ratio of 39.97. The company has a 50-day moving average of GBX 187.33 and a 200-day moving average of GBX 178.13. The firm has a market cap of £1.17 billion, a price-to-earnings ratio of 1,197.45 and a beta of 1.12.

About Cairn Homes

Cairn Homes plc, a holding company, operates as a home and community builder in Ireland. The company engages in the development and sale of residential properties, as well as rental of properties. It also provides financial services. Cairn Homes plc was incorporated in 2014 and is based in Dublin, Ireland.