HSBC Holdings plc set a €41.00 ($48.24) price objective on Aareal Bank AG (ETR:ARL) in a report published on Friday morning. The brokerage currently has a buy rating on the stock.
Several other equities analysts have also weighed in on ARL. DZ Bank AG reaffirmed a neutral rating on shares of Aareal Bank AG in a research note on Saturday, May 20th. Commerzbank Ag set a €42.00 ($49.41) price objective on Aareal Bank AG and gave the company a buy rating in a research note on Saturday, May 20th. equinet AG set a €38.00 ($44.71) price objective on Aareal Bank AG and gave the company a neutral rating in a research note on Saturday, May 20th. Nord/LB set a €39.50 ($46.47) price objective on Aareal Bank AG and gave the company a neutral rating in a research note on Saturday, May 20th. Finally, Independent Research GmbH set a €39.00 ($45.88) price objective on Aareal Bank AG and gave the company a neutral rating in a research note on Saturday, May 20th. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company currently has an average rating of Buy and an average price target of €40.63 ($47.80).
Shares of Aareal Bank AG (ARL) traded up 2.03% during mid-day trading on Friday, hitting €35.90. 1,354 shares of the stock traded hands. The company has a market cap of €2.15 billion and a P/E ratio of 11.55. Aareal Bank AG has a one year low of €27.50 and a one year high of €38.83. The stock has a 50 day moving average price of €35.07 and a 200-day moving average price of €36.14.
About Aareal Bank AG
Aareal Bank AG is a Germany-based real estate bank. It provides finance, advisory and other services to commercial property and institutional housing sectors. It’s activities are divided into two core business divisions: Structured Property Financing and Consulting/Services. The Structured Property Financing combines property finance with refinancing, services domestic and international clients on their property and creates financing packages for logistics properties, shopping centers and hotels.
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