Independent Research set a €29.00 ($33.72) price target on Aareal Bank (ETR:ARL) in a research report sent to investors on Tuesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Several other research firms have also commented on ARL. Kepler Capital Markets set a €25.50 ($29.65) target price on Aareal Bank and gave the company a sell rating in a report on Thursday, May 9th. Warburg Research set a €33.30 ($38.72) price objective on Aareal Bank and gave the stock a buy rating in a research report on Friday, May 10th. Deutsche Bank set a €24.00 ($27.91) price objective on Aareal Bank and gave the stock a neutral rating in a research report on Tuesday. HSBC set a €34.00 ($39.53) price objective on Aareal Bank and gave the stock a buy rating in a research report on Monday, August 5th. Finally, DZ Bank reiterated a neutral rating on shares of Aareal Bank in a research report on Monday, June 24th. One research analyst has rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the company. The company presently has a consensus rating of Hold and a consensus price target of €32.68 ($38.00).
ETR:ARL opened at €25.10 ($29.19) on Tuesday. The firm has a market capitalization of $1.50 billion and a PE ratio of 7.37. The stock has a 50 day moving average of €24.40 and a 200-day moving average of €26.95. Aareal Bank has a 52 week low of €22.44 ($26.09) and a 52 week high of €38.81 ($45.13). The company has a current ratio of 0.23, a quick ratio of 0.13 and a debt-to-equity ratio of 248.77.
Aareal Bank Company Profile
Aareal Bank AG, together with its subsidiaries, provides financing, software products, and digital solutions for the property sector and related industries in Germany and internationally. The company operates in two segments, Structured Property Financing and Consulting/Services. The Structured Property Financing segment offers property financing and refinancing solutions for office buildings, hotels, and shopping centers, as well as retail, logistics, and residential properties.
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