DIC Asset (ETR:DIC) Given a €24.00 Price Target by Warburg Research Analysts

DIC Asset (ETR:DIC) has been given a €24.00 ($27.27) target price by stock analysts at Warburg Research in a research note issued to investors on Thursday, Borsen Zeitung reports. Warburg Research’s price objective would indicate a potential upside of 52.67% from the company’s previous close.

Other equities analysts have also recently issued research reports about the stock. Baader Bank set a €19.00 ($21.59) price target on shares of DIC Asset in a research report on Tuesday, January 4th. Kepler Capital Markets set a €18.00 ($20.45) price target on shares of DIC Asset in a research note on Friday, November 12th. Finally, Berenberg Bank set a €19.50 ($22.16) price objective on shares of DIC Asset in a research note on Monday, November 15th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of €18.90 ($21.48).

DIC opened at €15.59 ($17.72) on Thursday. The business has a fifty day simple moving average of €15.09 and a 200-day simple moving average of €15.16. The company has a quick ratio of 0.97, a current ratio of 2.00 and a debt-to-equity ratio of 190.11. DIC Asset has a 52 week low of €13.30 ($15.11) and a 52 week high of €16.84 ($19.14). The firm has a market cap of $1.27 billion and a P/E ratio of 15.46.

DIC Asset Company Profile

DIC Asset AG is one of Germany's leading listed property companies, and specialises in commercial real estate. With around 20 years of experience on the German real estate market, the company maintains a regional footprint on all major German markets through six branch offices, and has 169 assets with a combined market value of c.

See Also: Bollinger Bands

Analyst Recommendations for DIC Asset (ETR:DIC)

Receive News & Ratings for DIC Asset Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DIC Asset and related companies with MarketBeat.com's FREE daily email newsletter.