Shares of Phoenix Spree Deutschland Ltd (LON:PSDL) reached a new 52-week high during mid-day trading on Wednesday after Liberum Capital raised their price target on the stock from GBX 275 to GBX 367. Liberum Capital currently has a buy rating on the stock. Phoenix Spree Deutschland traded as high as GBX 332 ($4.40) and last traded at GBX 328.75 ($4.36), with a volume of 11,437 shares trading hands. The stock had previously closed at GBX 330 ($4.38).

The company also recently declared a dividend, which will be paid on Friday, October 20th. Investors of record on Thursday, October 5th will be issued a dividend of €0.02 ($0.03) per share. The ex-dividend date of this dividend is Thursday, October 5th. This represents a yield of 0.61%.

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Phoenix Spree Deutschland Company Profile

Phoenix Spree Deutschland Limited is an investment company. The Company invests in residential and commercial properties in Germany. Its segments include Residential and Commercial. The Company offers shareholders an exposure to the German real estate market, particularly residential property in Berlin and other secondary German cities.

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