Warburg Research set a €8.30 ($9.76) price target on Deutz Ag (ETR:DEZ) in a research note issued to investors on Friday, July 7th. The brokerage currently has a neutral rating on the stock.

A number of other analysts also recently issued reports on the company. DZ Bank AG restated a buy rating on shares of Deutz Ag in a research report on Saturday, May 20th. HSBC Holdings plc set a €6.80 ($8.00) price target on Deutz Ag and gave the stock a neutral rating in a research report on Friday, June 30th.

Shares of Deutz Ag (ETR DEZ) traded up 3.803% on Friday, hitting €6.442. 10,300 shares of the company traded hands. The firm’s 50 day moving average price is €7.00 and its 200-day moving average price is €6.57. Deutz Ag has a 1-year low of €3.81 and a 1-year high of €7.85. The stock has a market capitalization of €763.13 million and a price-to-earnings ratio of 34.449.

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About Deutz Ag

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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