Deutsche Wohnen (FRA:DWNI) has been given a €49.00 ($56.98) price objective by analysts at JPMorgan Chase & Co. in a research report issued on Tuesday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock. JPMorgan Chase & Co.‘s target price indicates a potential upside of 14.70% from the stock’s previous close.
Several other analysts have also weighed in on DWNI. Goldman Sachs Group set a €41.10 ($47.79) target price on shares of Deutsche Wohnen and gave the company a “neutral” rating in a research note on Thursday, January 24th. Credit Suisse Group set a €47.20 ($54.88) price target on shares of Deutsche Wohnen and gave the stock a “neutral” rating in a research report on Friday, February 1st. DZ Bank restated a “neutral” rating on shares of Deutsche Wohnen in a research report on Tuesday, March 5th. UBS Group set a €50.00 ($58.14) price target on shares of Deutsche Wohnen and gave the stock a “buy” rating in a research report on Tuesday, March 5th. Finally, Morgan Stanley set a €50.00 ($58.14) price target on shares of Deutsche Wohnen and gave the stock a “buy” rating in a research report on Wednesday, March 13th. Nine analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Deutsche Wohnen presently has a consensus rating of “Buy” and a consensus price target of €46.43 ($53.98).
DWNI stock traded up €0.22 ($0.26) during trading on Tuesday, hitting €42.72 ($49.67). 645,748 shares of the company’s stock traded hands. Deutsche Wohnen has a 52 week low of €30.48 ($35.44) and a 52 week high of €38.09 ($44.29).
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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