Deutsche Pfandbriefbank (FRA:PBB) Given a €16.00 Price Target at HSBC

Deutsche Pfandbriefbank (FRA:PBB) has been assigned a €16.00 ($18.60) price objective by investment analysts at HSBC in a report issued on Tuesday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. HSBC’s target price would suggest a potential upside of 53.26% from the stock’s previous close.

A number of other equities research analysts have also recently weighed in on PBB. Kepler Capital Markets set a €11.00 ($12.79) price objective on shares of E.On and gave the company a “buy” rating in a research note on Monday, May 13th. Citigroup dropped their price target on shares of Hasbro from $106.00 to $103.00 and set a “buy” rating on the stock in a research report on Monday, March 11th. Nord/LB set a €11.15 ($12.97) price target on shares of Deutsche Pfandbriefbank and gave the stock a “neutral” rating in a research report on Wednesday, July 3rd. Finally, Deutsche Bank upgraded shares of MGM CHINA HOLDI/ADR to a “buy” rating in a research report on Monday, July 1st. Four analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of €13.46 ($15.65).

Shares of FRA PBB traded down €0.06 ($0.07) during midday trading on Tuesday, reaching €10.44 ($12.14). 400,750 shares of the company traded hands. Deutsche Pfandbriefbank has a 52 week low of €10.36 ($12.05) and a 52 week high of €15.46 ($17.98). The stock’s 50-day moving average is €11.23.

About Deutsche Pfandbriefbank

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.

See Also: What is Cost of Capital?

Analyst Recommendations for Deutsche Pfandbriefbank (FRA:PBB)

Receive News & Ratings for Deutsche Pfandbriefbank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deutsche Pfandbriefbank and related companies with's FREE daily email newsletter.


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit