Berenberg Bank set a €9.60 ($11.16) price objective on Deutz (ETR:DEZ) in a report published on Monday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Several other research firms also recently issued reports on DEZ. Kepler Capital Markets set a €9.00 ($10.47) price target on Deutz and gave the company a buy rating in a research note on Thursday, April 4th. Hauck & Aufhaeuser set a €8.50 ($9.88) price target on Deutz and gave the company a buy rating in a research note on Wednesday, March 20th. DZ Bank restated a buy rating on shares of Deutz in a research note on Tuesday, March 19th. HSBC set a €10.10 ($11.74) price target on Deutz and gave the company a buy rating in a research note on Friday, March 22nd. Finally, Warburg Research set a €9.10 ($10.58) price target on Deutz and gave the company a buy rating in a research note on Monday, March 18th. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The stock has an average rating of Buy and an average target price of €8.97 ($10.43).
DEZ opened at €8.49 ($9.87) on Monday. The firm has a market capitalization of $1.08 billion and a P/E ratio of 14.68. Deutz has a 1 year low of €5.00 ($5.81) and a 1 year high of €8.76 ($10.19). The company has a quick ratio of 0.79, a current ratio of 1.60 and a debt-to-equity ratio of 6.32.
DEUTZ Aktiengesellschaft engages in the development, production, distribution, and servicing of diesel and gas engines in Europe, the Middle East, Africa, the Asia Pacific, and the Americas. The company's DEUTZ Compact Engines segment provides liquid-cooled engines with capacities of up to 8 liters.
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