Nord/LB set a €26.30 ($30.58) target price on Aareal Bank (ETR:ARL) in a research note published on Tuesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
A number of other research firms also recently issued reports on ARL. Independent Research set a €29.00 ($33.72) price objective on shares of Aareal Bank and gave the company a neutral rating in a report on Tuesday. Kepler Capital Markets set a €25.50 ($29.65) price objective on shares of Aareal Bank and gave the company a sell rating in a report on Thursday, May 9th. HSBC set a €34.00 ($39.53) price objective on shares of Aareal Bank and gave the company a buy rating in a report on Monday, August 5th. Deutsche Bank set a €24.00 ($27.91) target price on shares of Aareal Bank and gave the company a neutral rating in a research report on Tuesday. Finally, DZ Bank restated a neutral rating on shares of Aareal Bank in a research report on Tuesday. One analyst has rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the company. Aareal Bank currently has an average rating of Hold and a consensus price target of €32.68 ($38.00).
ETR ARL opened at €25.10 ($29.19) on Tuesday. The company has a quick ratio of 0.13, a current ratio of 0.23 and a debt-to-equity ratio of 248.77. The company has a market capitalization of $1.50 billion and a P/E ratio of 7.37. Aareal Bank has a 12-month low of €22.44 ($26.09) and a 12-month high of €38.81 ($45.13). The firm has a 50-day moving average price of €24.40 and a two-hundred day moving average price of €26.95.
Aareal Bank AG, together with its subsidiaries, provides financing, software products, and digital solutions for the property sector and related industries in Germany and internationally. The company operates in two segments, Structured Property Financing and Consulting/Services. The Structured Property Financing segment offers property financing and refinancing solutions for office buildings, hotels, and shopping centers, as well as retail, logistics, and residential properties.
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