Analysts Set Deutsche Pfandbriefbank AG (PBB) Target Price at $14.22
Shares of Deutsche Pfandbriefbank AG (FRA:PBB) have received an average rating of “Buy” from the ten brokerages that are currently covering the company, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is €14.22 ($16.53).
Several research firms have recently commented on PBB. Citigroup reaffirmed a “neutral” rating on shares of Deutsche Pfandbriefbank in a report on Monday, June 18th. Commerzbank set a €15.00 ($17.44) target price on Deutsche Pfandbriefbank and gave the company a “buy” rating in a report on Monday, August 13th. Deutsche Bank set a €12.00 ($13.95) target price on Deutsche Pfandbriefbank and gave the company a “neutral” rating in a report on Tuesday, August 14th. Kepler Capital Markets set a €14.50 ($16.86) target price on Deutsche Pfandbriefbank and gave the company a “buy” rating in a report on Thursday, July 5th. Finally, Nord/LB set a €13.25 ($15.41) target price on Deutsche Pfandbriefbank and gave the company a “neutral” rating in a report on Tuesday, August 14th.
FRA PBB traded down €0.01 ($0.01) on Wednesday, hitting €12.32 ($14.33). 421,328 shares of the stock traded hands. Deutsche Pfandbriefbank has a twelve month low of €10.36 ($12.05) and a twelve month high of €15.46 ($17.98).
Deutsche Pfandbriefbank AG, a specialist bank, provides real estate and public investment finance in Europe and the United States. Its real estate financing activities include a range of financing instruments, such as financing investment projects, development finance, cross-border portfolio financing, investment bridge finance facilities, standby/backup facilities, and derivatives.
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