Deutsche Bank Aktiengesellschaft Issues Positive Forecast for Cairn Homes (LON:CRN) Stock Price

Cairn Homes (LON:CRN) had its price objective raised by research analysts at Deutsche Bank Aktiengesellschaft from GBX 200 to GBX 245 in a report issued on Thursday, MarketBeat.com reports. The brokerage currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target suggests a potential upside of 18.64% from the stock’s previous close.

Cairn Homes Stock Up 1.5%

Shares of LON CRN traded up GBX 3 during trading on Thursday, hitting GBX 206.50. The stock had a trading volume of 508,187 shares, compared to its average volume of 364,578. The firm has a fifty day moving average of GBX 188.97 and a two-hundred day moving average of GBX 179.91. The company has a market capitalization of £1.28 billion, a PE ratio of 13.15 and a beta of 1.12. The company has a debt-to-equity ratio of 46.83, a current ratio of 7.09 and a quick ratio of 0.22. Cairn Homes has a 12 month low of GBX 149.20 and a 12 month high of GBX 211.

About Cairn Homes

Cairn Homes plc, a holding company, operates as a home and community builder in Ireland. The company engages in the development and sale of residential properties, as well as rental of properties. It also provides financial services. Cairn Homes plc was incorporated in 2014 and is based in Dublin, Ireland.