Berenberg Bank Reiterates €7.70 Price Target for Deutz (ETR:DEZ)
Berenberg Bank set a €7.70 ($8.95) price objective on Deutz (ETR:DEZ) in a research report sent to investors on Wednesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
A number of other brokerages also recently commented on DEZ. DZ Bank restated a buy rating on shares of Deutz in a research report on Wednesday, April 24th. Kepler Capital Markets restated a hold rating on shares of HEIDELBERGCEMEN/ADR in a research report on Tuesday. Baader Bank set a €42.00 ($48.84) price objective on shares of Deutsche Beteiligungs and gave the company a buy rating in a research report on Monday, July 8th. HSBC raised their price objective on shares of Johnson Service Group from GBX 148 ($1.93) to GBX 180 ($2.35) and gave the company a buy rating in a research report on Friday, July 5th. Finally, Warburg Research set a €47.00 ($54.65) price objective on shares of 1&1 Drillisch and gave the company a buy rating in a research report on Tuesday, July 2nd. One analyst has rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the company’s stock. Deutz currently has an average rating of Hold and an average price target of €9.16 ($10.65).
Shares of DEZ opened at €6.29 ($7.31) on Wednesday. Deutz has a fifty-two week low of €5.00 ($5.81) and a fifty-two week high of €9.05 ($10.52). The firm has a market capitalization of $759.62 million and a P/E ratio of 10.49. The business’s 50-day simple moving average is €7.94. The company has a quick ratio of 0.71, a current ratio of 1.56 and a debt-to-equity ratio of 11.52.
DEUTZ Aktiengesellschaft engages in the development, production, distribution, and servicing of diesel and gas engines in Europe, the Middle East, Africa, the Asia Pacific, and the Americas. The company's DEUTZ Compact Engines segment provides liquid-cooled engines with capacities of up to 8 liters.
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