Aareal Bank (ETR:ARL) has been assigned a €24.00 ($27.91) price objective by stock analysts at Deutsche Bank in a research report issued to clients and investors on Tuesday, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the stock. Deutsche Bank’s price target indicates a potential downside of 4.95% from the stock’s previous close.
A number of other analysts have also recently weighed in on the stock. Warburg Research set a €33.30 ($38.72) target price on shares of Aareal Bank and gave the stock a “buy” rating in a report on Friday, May 10th. DZ Bank reissued a “neutral” rating on shares of Aareal Bank in a report on Monday, June 24th. Kepler Capital Markets set a €25.50 ($29.65) target price on shares of Aareal Bank and gave the stock a “sell” rating in a report on Thursday, May 9th. Nord/LB set a €29.30 ($34.07) target price on shares of Aareal Bank and gave the stock a “neutral” rating in a report on Thursday, May 9th. Finally, HSBC set a €34.00 ($39.53) target price on shares of Aareal Bank and gave the stock a “buy” rating in a report on Monday, August 5th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the company’s stock. Aareal Bank has a consensus rating of “Hold” and an average target price of €32.68 ($38.00).
Shares of ETR:ARL opened at €25.25 ($29.36) on Tuesday. The firm has a market capitalization of $1.51 billion and a PE ratio of 7.41. Aareal Bank has a 1-year low of €22.44 ($26.09) and a 1-year high of €38.81 ($45.13). The business’s fifty day simple moving average is €24.35. The company has a quick ratio of 0.13, a current ratio of 0.23 and a debt-to-equity ratio of 248.77.
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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