DIC Asset AG (DIC) Given a €13.50 Price Target at HSBC Holdings plc
DIC Asset AG (ETR:DIC) has been assigned a €13.50 ($15.88) price target by HSBC Holdings plc in a research note issued to investors on Monday. The brokerage currently has a “buy” rating on the stock. HSBC Holdings plc’s price objective indicates a potential upside of 25.52% from the company’s current price.
Several other equities research analysts also recently issued reports on the company. Berenberg Bank set a €10.50 ($12.35) target price on DIC Asset AG and gave the stock a “neutral” rating in a research report on Wednesday, August 30th. Baader Bank set a €9.60 ($11.29) target price on DIC Asset AG and gave the stock a “neutral” rating in a research report on Wednesday, July 26th. Nord/LB set a €9.50 ($11.18) target price on DIC Asset AG and gave the stock a “neutral” rating in a research report on Wednesday, August 23rd. DZ Bank AG restated a “buy” rating on shares of DIC Asset AG in a research report on Monday, August 7th. Finally, Oddo Bhf set a €10.40 ($12.24) target price on DIC Asset AG and gave the stock a “neutral” rating in a research report on Monday. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of €10.70 ($12.59).
Shares of DIC Asset AG (DIC) opened at €10.76 ($12.65) on Monday. DIC Asset AG has a 12-month low of €8.22 ($9.67) and a 12-month high of €10.79 ($12.69).
DIC Asset AG Company Profile
DIC Asset AG is a real estate investment firm. The firm invests in commercial, retail, institutional, and office property focusing on core property occupied on long-term leases and located in conurbations, metro areas or regional business hubs, and residential real estate properties in Germany. It operates in three segments: Core, Value Added, and Opportunistic Co-Investments.
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