Rating Summary: Deutsche Wohnen (ETR:DWN) Gets Vote of Confidence From DZ BANK. What to Expect?
November 17, 2016 - By Michael Collier
Rating Summary: Deutsche Wohnen (ETR:DWN) Gets Vote of Confidence From DZ BANK. What to Expect?
Deutsche Wohnen (ETR:DWN) Upgrade
Stock research analysts at DZ BANK’s equity division increased Deutsche Wohnen (ETR:DWN)‘s stock to a Buy on Thursday, 17 November.
Deutsche Wohnen AG (ETR:DWNI) Ratings Coverage
Out of 20 analysts covering Deutsche Wohnen (ETR:DWN), 13 rate it a “Buy”, 1 “Sell”, while 6 “Hold”. This means 65% are positive. €44 is the highest target while €23 is the lowest. The €34.06 average target is 21.34% above today’s (€28.07) stock price. Deutsche Wohnen has been the topic of 103 analyst reports since July 28, 2015 according to StockzIntelligence Inc. As per Tuesday, March 22, the company rating was maintained by UBS. On Wednesday, January 27 the stock rating was upgraded by Baader Wertpapierhandelsbank to “Buy”. Independent Research maintained Deutsche Wohnen AG (ETR:DWNI) on Tuesday, September 22 with “Hold” rating. The firm has “Hold” rating by Independent Research given on Tuesday, January 12. On Friday, August 14 the stock rating was downgraded by Goldman Sachs to “Sell”. On Tuesday, December 1 the stock rating was upgraded by Landesbank to “Buy”. Berenberg upgraded it to “Buy” rating and €28 target price in Tuesday, November 10 report. Warburg Research upgraded Deutsche Wohnen AG (ETR:DWNI) on Friday, January 8 to “Buy” rating. The stock has “Buy” rating given by Landesbank on Friday, January 15. Societe Generale upgraded Deutsche Wohnen AG (ETR:DWNI) rating on Wednesday, December 2. Societe Generale has “Buy” rating and €30 price target.
About 329,677 shares traded hands. Deutsche Wohnen AG (ETR:DWN) has risen 0.92% since February 19, 2014 and is uptrending. It has underperformed by 3.71% the S&P500.
Deutsche Wohnen AG is a Germany-based holding company, primarily engaged in property management and development of its own residential property portfolio. The company has a market cap of 9.97 billion EUR. The Firm divides its activities into three divisions: Residential Property Management; Disposals, and Nursing and Assisted Living. It has a 7.25 P/E ratio. The Residential Property Management segment’s core activity is the management of residential properties, including modernization and maintenance of the property portfolio.
More notable recent Deutsche Wohnen AG (ETR:DWNI) news were published by: Bloomberg.com which released: “Deutsche Wohnen Slumps After Offering to Buy LEG in Record Deal” on September 20, 2015, also Seekingalpha.com with their article: “Deutsche Wohnen: Good Entry Level” published on November 15, 2016, Wsj.com published: “Germany’s Vonovia Fails to Win Support for Deutsche Wohnen Deal” on February 10, 2016. More interesting news about Deutsche Wohnen AG (ETR:DWNI) were released by: Wsj.com and their article: “Germany’s Vonovia Formally Launches Tender Offer for Deutsche Wohnen” published on December 01, 2015 as well as Bloomberg.com‘s news article titled: “Deutsche Wohnen Boosts Takeover Fightback With Dividend Rise” with publication date: January 11, 2016.
