Deutsche Bank Reiterates “€42.00” Price Target for Deutsche Wohnen (FRA:DWNI)

Deutsche Bank set a €42.00 ($48.84) target price on Deutsche Wohnen (FRA:DWNI) in a report released on Thursday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

Several other research analysts also recently commented on DWNI. Morgan Stanley set a €34.00 ($39.53) price objective on Deutsche Wohnen and gave the stock a neutral rating in a research note on Thursday. Jefferies Financial Group set a €39.00 ($45.35) target price on Deutsche Wohnen and gave the company a buy rating in a research note on Wednesday. Bank of America set a €33.00 ($38.37) target price on Deutsche Wohnen and gave the company a sell rating in a research note on Tuesday, September 3rd. JPMorgan Chase & Co. set a €38.00 ($44.19) target price on Deutsche Wohnen and gave the company a buy rating in a research note on Wednesday. Finally, Hauck & Aufhaeuser set a €40.00 ($46.51) target price on Deutsche Wohnen and gave the company a buy rating in a research note on Thursday, November 7th. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating and ten have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average target price of €37.85 ($44.01).

Shares of FRA DWNI traded down €0.18 ($0.21) during trading on Thursday, hitting €34.53 ($40.15). The company had a trading volume of 800,201 shares. The stock has a 50 day simple moving average of €33.90 and a 200 day simple moving average of €35.01. Deutsche Wohnen has a 12 month low of €30.48 ($35.44) and a 12 month high of €38.09 ($44.29).

About Deutsche Wohnen

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.

Read More: What is a good rate of return for a mutual fund?

Analyst Recommendations for Deutsche Wohnen (FRA:DWNI)

Receive News & Ratings for Deutsche Wohnen Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deutsche Wohnen and related companies with MarketBeat.com's FREE daily email newsletter.