DZ BANK AG Sticks to Their Hold Rating for Deutsche Wohnen

DZ BANK AG Sticks to Their Hold Rating for Deutsche Wohnen

May 13, 2020


DZ BANK AG analyst Karsten Oblinger maintained a Hold rating on Deutsche Wohnen on Wednesday, setting a price target of EUR0, which is approximately 100.00% below the present share price of $40.1.

Oblinger expects Deutsche Wohnen to post earnings per share (EPS) of $0.00 for the second quarter of 2020.

The current consensus among 16 TipRanks analysts is for a Moderate Buy rating of shares in Deutsche Wohnen, with an average price target of $41.76.
The analysts price targets range from a high of $57.74 to a low of $32.56.

In its latest earnings report, released on 12/31/2019, the company reported a quarterly revenue of $999.9 million and a net profit of $299.5 million. The company's market cap is $14.42 billion.

According to TipRanks.com, DZ BANK AG analyst Karsten Oblinger is a 2-star analyst with an average return of -0.1% and a 52.5% success rate.

Deutsche Wohnen SE is a holding company, which engages in the development and management of residential properties property portfolio. It operates through the following segments: Residential Property Management; Disposals; and Nursing & Assisted Living. The Residential Property Management segment engages in the management of residential properties in the context of active asset management. The Disposals segment includes all aspects of the preparation; and execution of the sale of residential units from property portfolio as part of the ongoing portfolio optimization and streamlining process. The Nursing and Assisted Living segment markets and manages nursing and residential care homes as well as services for the care of the senior citizens who live in these homes. Deutsche Wohnen was founded in 1996 and is headquartered in Berlin, Germany.

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