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.

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Analyst Recommendations for Deutsche Pfandbriefbank (FRA:PBB)

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