HSBC Holdings plc set a €6.80 ($8.00) target price on Deutz Ag (ETR:DEZ) in a research report report published on Wednesday. The brokerage currently has a neutral rating on the stock.

Several other research firms also recently weighed in on DEZ. DZ Bank AG reaffirmed a buy rating on shares of Deutz Ag in a report on Saturday, May 20th. Commerzbank Ag set a €6.00 ($7.06) price objective on shares of Deutz Ag and gave the stock a neutral rating in a report on Friday, July 28th. Finally, Warburg Research set a €8.30 ($9.76) price objective on shares of Deutz Ag and gave the stock a neutral rating in a report on Friday, June 23rd.

Shares of Deutz Ag (DEZ) traded down 3.923% during midday trading on Wednesday, reaching €6.001. 8,794 shares of the company traded hands. Deutz Ag has a 12 month low of €3.81 and a 12 month high of €7.85. The company’s 50 day moving average is €7.00 and its 200-day moving average is €6.57. The stock has a market capitalization of €710.88 million and a price-to-earnings ratio of 32.091.

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Deutz Ag Company Profile

DEUTZ AG is a Germany-based manufacturer of diesel engines. The Company operates through two segments: Compact Engines and Customized Solutions. The Compact Engines segment provides liquid-cooled engines for on-road and off-road applications, as well as various modular solutions. The Customized Solutions segment offers air-cooled and liquid-cooled engines for on-road, off-road and marine applications, as well as reconditioned (Xchange) engines for DEUTZ engine series.

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