Aareal Bank AG (ETR:ARL) received a €39.00 ($45.88) price target from analysts at Independent Research GmbH in a report issued on Thursday. The brokerage currently has a “neutral” rating on the stock.
A number of other research analysts have also issued reports on ARL. HSBC Holdings plc set a €41.00 ($48.24) target price on Aareal Bank AG and gave the company a “buy” rating in a report on Friday, August 4th. Warburg Research set a €41.90 ($49.29) target price on Aareal Bank AG and gave the company a “buy” rating in a report on Thursday. DZ Bank AG reissued a “neutral” rating on shares of Aareal Bank AG in a report on Thursday, August 3rd. Commerzbank Ag set a €42.00 ($49.41) target price on Aareal Bank AG and gave the company a “buy” rating in a report on Thursday. Finally, equinet AG set a €38.00 ($44.71) target price on Aareal Bank AG and gave the company a “neutral” rating in a report on Friday, August 4th. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of €40.63 ($47.80).
Shares of Aareal Bank AG (ETR ARL) opened at 34.405 on Thursday. The stock has a market cap of €2.06 billion and a price-to-earnings ratio of 11.073. The firm has a 50-day moving average price of €35.18 and a 200 day moving average price of €36.08. Aareal Bank AG has a 52-week low of €27.79 and a 52-week high of €38.83.
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About Aareal Bank AG
Aareal Bank AG is a Germany-based real estate bank. It provides finance, advisory and other services to commercial property and institutional housing sectors. It’s activities are divided into two core business divisions: Structured Property Financing and Consulting/Services. The Structured Property Financing combines property finance with refinancing, services domestic and international clients on their property and creates financing packages for logistics properties, shopping centers and hotels.
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