Aareal Bank (ETR:ARL) Rating Increased
In analysts note sent to investors and clients on 26 February, Deutsche Bank AG stated it was upgrading Aareal Bank (ETR:ARL) stock to a “Buy”. The firm has EUR 33.00 target price per share on ARL’s stock.
Despite the stock upgrade ETR:ARL is currently trading -1.45% lower at EUR 26.80 as of 21:34 Frankfurt time. Aareal Bank shares have decreased -31.57% in the last 200 days, while the Standard & Poor’s 500 index has dropped -7.20% for the same time period.
ETR:ARL Price Chart & Trend
The stock price of Aareal Bank has dived 31.57% over the last 200 days, and is in strong down trend. In the last 50 and 100 days, Aareal Bank is down 8.93% and down 22.82%, respectively. Our stocks momentum model is shown on the price chart below.
Source: RightEdge Systems, Yahoo Split & Dividend Adjusted Data and OctaFinance Trading Models
Aareal Bank (ETR:ARL) Profile
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.
Aareal Bank (ETR:ARL) traded down -1.45% on 26 February, hitting EUR 26.8. A total of 756,434 shares of the company’s stock traded hands. This is up from average of 442,973 shares. Aareal Bank has a 52 week low of EUR 21.57 and a 52 week high of EUR 41.6. The company has a market cap of 1.60B EUR and a P/E ratio of 4.74.
Get the latest Aareal Bank (ETR:ARL) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.
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