Deutsche Pfandbriefbank (FRA:PBB) has been given a €14.50 ($16.86) price target by Kepler Capital Markets in a report issued on Friday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock. Kepler Capital Markets’ target price would indicate a potential upside of 11.97% from the stock’s current price.
Other equities analysts have also recently issued reports about the company. Nord/LB set a €11.15 ($12.97) price target on Deutsche Pfandbriefbank and gave the stock a “neutral” rating in a report on Wednesday, August 28th. Pareto Securities set a €13.40 ($15.58) price target on Deutsche Pfandbriefbank and gave the stock a “buy” rating in a report on Friday. Commerzbank set a €15.00 ($17.44) price target on Deutsche Pfandbriefbank and gave the stock a “buy” rating in a report on Monday, August 12th. HSBC set a €16.00 ($18.60) price target on Deutsche Pfandbriefbank and gave the stock a “buy” rating in a report on Tuesday. Finally, Berenberg Bank set a €11.90 ($13.84) price target on Deutsche Pfandbriefbank and gave the stock a “buy” rating in a report on Wednesday, September 4th. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of €13.19 ($15.34).
Shares of FRA PBB traded up €0.29 ($0.34) during trading on Friday, reaching €12.95 ($15.06). The company had a trading volume of 832,733 shares. Deutsche Pfandbriefbank has a twelve month low of €10.36 ($12.05) and a twelve month high of €15.46 ($17.98). The stock has a 50-day moving average price of €11.74 and a two-hundred day moving average price of €11.31.
Deutsche Pfandbriefbank AG, a specialist bank, provides real estate and public investment finance in Europe and the United States. Its real estate financing activities include a range of financing instruments, such as financing investment projects, development finance, cross-border portfolio financing, investment bridge finance facilities, standby/backup facilities, and derivatives.
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