DZ Bank Reiterates Buy Rating for DIC Asset (ETR:DIC)

DZ Bank reissued their buy rating on shares of DIC Asset (ETR:DIC) in a research note published on Wednesday morning, Borsen Zeitung reports.

DIC has been the subject of several other reports. Baader Bank set a €18.00 ($20.22) price target on DIC Asset and gave the stock a buy rating in a research report on Wednesday. Kepler Capital Markets set a €17.00 ($19.10) price target on DIC Asset and gave the stock a buy rating in a research report on Monday, April 6th. Warburg Research set a €18.40 ($20.67) price target on DIC Asset and gave the stock a buy rating in a research report on Wednesday. Finally, Berenberg Bank set a €14.00 ($15.73) price target on DIC Asset and gave the stock a neutral rating in a research report on Wednesday. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock has a consensus rating of Buy and a consensus target price of €16.30 ($18.31).

DIC Asset stock opened at €11.00 ($12.36) on Wednesday. The stock has a market capitalization of $851.35 million and a PE ratio of 9.21. DIC Asset has a 12 month low of €6.69 ($7.52) and a 12 month high of €17.40 ($19.55). The business has a 50 day simple moving average of €11.68 and a 200-day simple moving average of €12.86. The company has a debt-to-equity ratio of 136.85, a current ratio of 1.86 and a quick ratio of 1.14.

About DIC Asset

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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Analyst Recommendations for DIC Asset (ETR:DIC)

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