Brokerages Set Deutsche Pfandbriefbank AG (PBB) Target Price at $14.22

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Shares of Deutsche Pfandbriefbank AG (FRA:PBB) have earned a consensus recommendation of “Buy” from the ten ratings firms that are covering the company, Marketbeat reports. Four analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is €14.22 ($16.53).

A number of equities research analysts have recently commented on the company. Deutsche Bank set a €12.00 ($13.95) price objective on Deutsche Pfandbriefbank and gave the company a “neutral” rating in a research report on Tuesday, August 14th. HSBC set a €16.00 ($18.60) price objective on Deutsche Pfandbriefbank and gave the company a “buy” rating in a research report on Wednesday, July 4th. equinet set a €14.50 ($16.86) price objective on Deutsche Pfandbriefbank and gave the company a “buy” rating in a research report on Friday, August 17th. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Deutsche Pfandbriefbank in a research report on Tuesday, September 4th. Finally, Nord/LB set a €13.25 ($15.41) price objective on Deutsche Pfandbriefbank and gave the company a “neutral” rating in a research report on Tuesday, August 14th.

Shares of FRA:PBB traded down €0.01 ($0.01) on Wednesday, reaching €12.32 ($14.33). 421,328 shares of the company traded hands. Deutsche Pfandbriefbank has a fifty-two week low of €10.36 ($12.05) and a fifty-two week high of €15.46 ($17.98).

Deutsche Pfandbriefbank Company Profile

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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Analyst Recommendations for Deutsche Pfandbriefbank (FRA:PBB)

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