Baader Bank Analysts Give DIC Asset AG (DIC) a €9.60 Price Target

DIC Asset AG (ETR:DIC) has been given a €9.60 ($11.29) price objective by Baader Bank in a research note issued on Friday. The brokerage currently has a “neutral” rating on the stock. Baader Bank’s price target would suggest a potential downside of 5.70% from the company’s current price.

Several other research firms have also recently issued reports on DIC. Berenberg Bank set a €10.50 ($12.35) target price on DIC Asset AG and gave the stock a “neutral” rating in a research note on Monday, October 9th. HSBC Holdings plc set a €12.00 ($14.12) target price on DIC Asset AG and gave the stock a “buy” rating in a research note on Thursday, September 14th. Nord/LB set a €9.50 ($11.18) target price on DIC Asset AG and gave the stock a “neutral” rating in a research note on Wednesday, August 23rd. Finally, DZ Bank AG reissued a “buy” rating on shares of DIC Asset AG in a research note on Monday, August 7th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. DIC Asset AG presently has a consensus rating of “Hold” and a consensus target price of €10.40 ($12.24).

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DIC Asset AG Company Profile

DIC Asset AG is a real estate investment firm. The firm invests in commercial, retail, institutional, and office property focusing on core property occupied on long-term leases and located in conurbations, metro areas or regional business hubs, and residential real estate properties in Germany. It operates in three segments: Core, Value Added, and Opportunistic Co-Investments.

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