Baader Bank Reiterates “€18.00” Price Target for DIC Asset (ETR:DIC)
Baader Bank set a €18.00 ($20.22) price target on DIC Asset (ETR:DIC) in a research note released on Wednesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Several other brokerages have also issued reports on DIC. Berenberg Bank set a €14.00 ($15.73) price target on shares of DIC Asset and gave the company a neutral rating in a report on Monday, April 6th. Kepler Capital Markets set a €17.00 ($19.10) target price on shares of DIC Asset and gave the stock a buy rating in a report on Monday, April 6th. Warburg Research set a €18.40 ($20.67) target price on shares of DIC Asset and gave the stock a buy rating in a report on Wednesday. Finally, DZ Bank reissued a buy rating on shares of DIC Asset in a report on Thursday, April 30th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company currently has a consensus rating of Buy and a consensus target price of €16.30 ($18.31).
Shares of DIC Asset stock opened at €11.00 ($12.36) on Wednesday. The firm has a market capitalization of $851.35 million and a PE ratio of 9.21. The company has a current ratio of 1.86, a quick ratio of 1.14 and a debt-to-equity ratio of 136.85. The firm’s 50 day moving average is €11.68 and its 200 day moving average is €12.86. DIC Asset has a 1 year low of €6.69 ($7.52) and a 1 year high of €17.40 ($19.55).
DIC Asset AG is one o f Germany's leading listed property companies, and specialises in commercial real estate. With around 20 years of experience on the German real estate market, the company maintains a regional footprint on all major German markets through six branch offices, and has 178 assets with a combined market value of c.
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