A report released today by Warburg Research about Aareal Bank (ETR:ARL) bumps the target price to 38.50EUR
- Updated: October 18, 2016
Just yesterday Aareal Bank (ETR:ARL) traded 0.42% higher at 30.93EUR. Aareal Bank’s 50-day moving average is 6.84EUR and its 200-day moving average is 5.97EUR. The last closing price is up 19.54% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 1,200 shares of ARL traded hands, down from an average trading volume of 10,542
In a report released on 10/18/2016 Warburg Research increased the stock price target of Aareal Bank (ETR:ARL) to 38.50EUR reporting a possible upside of 0.24%.
Previously on 9/28/2016, Joh. Berenberg Gossler & Co. KG reported on Aareal Bank (ETR:ARL) increased the target price from 0.00EUR to 30.00EUR. At the time, this indicated a possible upside of 0.04%.
Recent Performance Chart
Aareal Bank has 52 week low of 3.89EUR and a 52 week high of 7.93EUR and has a market capitalization of 0 EUR.
Brief Synopsis On Aareal Bank (ETR:ARL)
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. The Consulting/Services offers the institutional housing sector services and products for managing residential property portfolios and processing payment flows, providing Information Technology systems consultancy and software products, among others. The Consulting/Services segment operates in Europe, whereas Structured Property Financing segment operates in North America, Europe and Asia. The Company operates Corealcredit Bank AG and Westdeutsche Immobilien AG as wholly owned subsidiaries.
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