Aareal Bank (ETR:ARL) target price raised to 30.00EUR, reported today by Joh. Berenberg Gossler & Co. KG
- Updated: September 27, 2016
Yesterday Aareal Bank (ETR:ARL) traded -2.53% lower at 28.88EUR. The company’s 50-day moving average is 6.22EUR and its 200-day moving average is 5.67EUR. The last stock close price is up 28.82% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 7,869 shares of the stock were exchanged, down from an average trading volume of 12,031
Aareal Bank (ETR:ARL) had its target price raised to 30.00EUR by Joh. Berenberg Gossler & Co. KG in a report released Tuesday September 27, 2016. The new target price indicates a possible upside of 0.04% based on the company's last stock close price.
Previously on 09/21/2016, Joh. Berenberg Gossler & Co. KG reported about Aareal Bank (ETR:ARL) raised the target price from 0.00EUR to 30.00EUR. At the time, this indicated a possible upside of 0.02%.
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Aareal Bank has a 52 week low of 3.89EUR and a 52 week high of 7.64EUR The company’s market cap is currently 0 EUR.
About 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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