DIC Asset (ETR:DIC) has been given a €19.40 ($22.56) target price by Warburg Research in a research report issued to clients and investors on Wednesday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. Warburg Research’s price objective would indicate a potential upside of 19.46% from the stock’s current price.
Several other brokerages have also recently commented on DIC. DZ Bank reissued a “buy” rating on shares of DIC Asset in a report on Thursday, October 31st. Kepler Capital Markets set a €15.25 ($17.73) target price on DIC Asset and gave the stock a “buy” rating in a report on Monday, November 18th. Baader Bank set a €18.00 ($20.93) target price on DIC Asset and gave the stock a “buy” rating in a report on Friday, December 13th. Berenberg Bank set a €14.00 ($16.28) target price on DIC Asset and gave the stock a “neutral” rating in a report on Friday, November 8th. Finally, HSBC set a €20.00 ($23.26) target price on DIC Asset and gave the stock a “buy” rating in a report on Tuesday, November 26th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of €15.58 ($18.11).
Shares of ETR:DIC opened at €16.24 ($18.88) on Wednesday. DIC Asset has a 12 month low of €9.23 ($10.73) and a 12 month high of €16.20 ($18.84). The stock has a market cap of $1.16 billion and a price-to-earnings ratio of 21.62. The stock’s 50 day moving average price is €15.45 and its 200 day moving average price is €12.50. The company has a debt-to-equity ratio of 154.87, a current ratio of 1.56 and a quick ratio of 1.00.
DIC Asset AG is one o f Germany's leading listed property companies, and specialises in commercial real estate. With around 20 years of experience on the German real estate market, the company maintains a regional footprint on all major German markets through six branch offices, and has 178 assets with a combined market value of c.
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