Deutsche Pfandbriefbank AG (PBB) Given Average Recommendation of “Buy” by Brokerages

Deutsche Pfandbriefbank AG (FRA:PBB) has received a consensus recommendation of “Buy” from the ten research firms that are presently covering the stock, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is €14.22 ($16.53).

Several research analysts have issued reports on PBB shares. Nord/LB set a €13.00 ($15.12) price target on shares of Deutsche Pfandbriefbank and gave the stock a “neutral” rating in a research report on Thursday, July 12th. HSBC set a €16.00 ($18.60) price target on shares of Deutsche Pfandbriefbank and gave the stock a “buy” rating in a research report on Wednesday, July 4th. JPMorgan Chase & Co. restated a “neutral” rating on shares of Deutsche Pfandbriefbank in a research report on Tuesday, September 4th. Deutsche Bank set a €12.00 ($13.95) price target on shares of Deutsche Pfandbriefbank and gave the stock a “neutral” rating in a research report on Tuesday, September 18th. Finally, Berenberg Bank set a €14.20 ($16.51) price target on shares of Deutsche Pfandbriefbank and gave the stock a “buy” rating in a research report on Tuesday, September 18th.

FRA:PBB traded down €0.15 ($0.17) during midday trading on Wednesday, hitting €12.17 ($14.15). 261,307 shares of the stock were exchanged. Deutsche Pfandbriefbank has a one year low of €10.36 ($12.05) and a one year high of €15.46 ($17.98).

About Deutsche Pfandbriefbank

Deutsche Pfandbriefbank AG, a specialist bank, provides real estate and public investment finance in Europe and the United States. Its real estate financing activities include a range of financing instruments, such as financing investment projects, development finance, cross-border portfolio financing, investment bridge finance facilities, standby/backup facilities, and derivatives.

Further Reading: How are Outstanding Shares Different from Authorized Shares?

Analyst Recommendations for Deutsche Pfandbriefbank (FRA:PBB)

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