Deutsche Wohnen (FRA:DWNI) received a €38.00 ($44.19) price objective from analysts at JPMorgan Chase & Co. in a report released on Wednesday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. JPMorgan Chase & Co.‘s price objective would indicate a potential upside of 10.05% from the stock’s previous close.
A number of other analysts have also recently weighed in on DWNI. Barclays set a €32.00 ($37.21) price target on shares of Deutsche Wohnen and gave the stock a “sell” rating in a research report on Monday, September 9th. Berenberg Bank set a €39.00 ($45.35) price target on shares of Deutsche Wohnen and gave the stock a “buy” rating in a research report on Tuesday, September 10th. Credit Suisse Group set a €34.80 ($40.47) price target on shares of Deutsche Wohnen and gave the stock a “neutral” rating in a research report on Tuesday, October 29th. Goldman Sachs Group set a €35.50 ($41.28) price target on shares of Deutsche Wohnen and gave the stock a “buy” rating in a research report on Wednesday. Finally, Deutsche Bank set a €42.00 ($48.84) price objective on shares of Deutsche Wohnen and gave the stock a “neutral” rating in a report on Monday, September 2nd. Three analysts have rated the stock with a sell rating, six have issued a hold rating and eleven have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of €38.38 ($44.63).
Deutsche Wohnen stock traded down €0.18 ($0.21) during trading on Wednesday, reaching €34.53 ($40.15). 800,201 shares of the company’s stock were exchanged. The company’s 50-day moving average is €33.90 and its two-hundred day moving average is €35.01. Deutsche Wohnen has a 52-week low of €30.48 ($35.44) and a 52-week high of €38.09 ($44.29).
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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