JPMorgan Chase & Co. set a €38.00 ($44.19) price objective on Deutsche Wohnen (FRA:DWNI) in a research note published on Tuesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Several other analysts also recently issued reports on the stock. Berenberg Bank set a €47.00 ($54.65) price objective on shares of Deutsche Wohnen and gave the stock a buy rating in a research note on Monday, June 24th. Nord/LB set a €43.93 ($51.08) price objective on shares of Deutsche Wohnen and gave the stock a neutral rating in a research note on Tuesday, May 14th. HSBC set a €39.00 ($45.35) price objective on shares of Deutsche Wohnen and gave the stock a neutral rating in a research note on Monday, July 15th. UBS Group set a €45.00 ($52.33) price objective on shares of Deutsche Wohnen and gave the stock a buy rating in a research note on Friday, June 21st. Finally, DZ Bank reissued a neutral rating on shares of Deutsche Wohnen in a research note on Friday, June 7th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and ten have assigned a buy rating to the company. The company presently has a consensus rating of Hold and an average target price of €40.72 ($47.35).
Shares of FRA DWNI opened at €30.49 ($35.45) on Tuesday. Deutsche Wohnen has a 1 year low of €30.48 ($35.44) and a 1 year high of €38.09 ($44.29). The firm has a 50-day simple moving average of €32.86 and a two-hundred day simple moving average of €38.95.
Deutsche Wohnen SE, a residential property company, develops and manages residential properties in Germany and Europe. The company operates through three segments: Residential Property Management, Disposals, and Nursing and Assisted Living. Its property portfolio consists of approximately 167,000 residential and commercial units; nursing properties with approximately 12,100 beds; and apartments for assisted living.
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