Deutsche Wohnen (FRA:DWNI) received a €35.50 ($41.28) price target from investment analysts at Independent Research in a research report issued on Wednesday, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the stock. Independent Research’s target price suggests a potential upside of 16.81% from the company’s current price.
Several other equities analysts have also recently commented on DWNI. Oddo Bhf set a €26.50 ($30.81) target price on shares of Deutsche Wohnen and gave the stock a “sell” rating in a research report on Wednesday. JPMorgan Chase & Co. set a €38.00 ($44.19) price target on shares of Deutsche Wohnen and gave the stock a “buy” rating in a report on Tuesday. HSBC set a €39.00 ($45.35) price target on shares of Deutsche Wohnen and gave the stock a “neutral” rating in a report on Monday, July 15th. UBS Group set a €45.00 ($52.33) price target on shares of Deutsche Wohnen and gave the stock a “buy” rating in a report on Tuesday. Finally, DZ Bank reaffirmed a “neutral” rating on shares of Deutsche Wohnen in a report on Tuesday. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and ten have given a buy rating to the company’s stock. Deutsche Wohnen currently has an average rating of “Hold” and an average target price of €40.72 ($47.35).
Shares of Deutsche Wohnen stock traded down €1.09 ($1.27) during mid-day trading on Wednesday, hitting €30.39 ($35.34). 832,807 shares of the stock were exchanged. Deutsche Wohnen has a 12 month low of €30.48 ($35.44) and a 12 month high of €38.09 ($44.29). The firm’s 50-day moving average is €32.95.
Deutsche Wohnen SE, a residential property company, develops and manages residential properties in Germany and Europe. The company operates through three segments: Residential Property Management, Disposals, and Nursing and Assisted Living. Its property portfolio consists of approximately 167,000 residential and commercial units; nursing properties with approximately 12,100 beds; and apartments for assisted living.
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