Deutsche EuroShop (ETR:DEQ) received a €31.00 ($36.05) price target from equities researchers at Independent Research in a research note issued on Friday. The brokerage presently has a “neutral” rating on the stock. Independent Research’s target price points to a potential upside of 14.22% from the company’s previous close.

Several other equities analysts have also recently issued reports on DEQ. Deutsche Bank set a €30.00 ($34.88) price target on shares of Deutsche EuroShop and gave the company a “neutral” rating in a research report on Tuesday, July 24th. JPMorgan Chase & Co. set a €35.00 ($40.70) price target on shares of Deutsche EuroShop and gave the company a “neutral” rating in a research report on Wednesday, August 15th. DZ Bank reiterated a “buy” rating on shares of Deutsche EuroShop in a research report on Wednesday, August 15th. Baader Bank set a €39.50 ($45.93) price objective on shares of Deutsche EuroShop and gave the stock a “buy” rating in a research note on Wednesday, August 15th. Finally, equinet set a €30.00 ($34.88) price objective on shares of Deutsche EuroShop and gave the stock a “neutral” rating in a research note on Wednesday, August 15th. Nine research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Deutsche EuroShop currently has a consensus rating of “Hold” and a consensus price target of €34.13 ($39.69).

Shares of ETR DEQ opened at €27.14 ($31.56) on Friday. Deutsche EuroShop has a 1 year low of €28.96 ($33.67) and a 1 year high of €39.41 ($45.83).

About Deutsche EuroShop

Deutsche EuroShop is the only public company in Germany to invest solely in shopping centers in prime locations. The MDAX-listed company currently has investments in 21 shopping centers in Germany, Austria, Poland, the Czech Republic and Hungary. The portfolio includes the Main-Taunus-Zentrum near Frankfurt, the Altmarkt-Galerie in Dresden and the Galeria Baltycka in Gdansk, among many others.

Further Reading: Momentum Indicator: Relative Strength Index

Analyst Recommendations for Deutsche EuroShop (ETR:DEQ)

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