Deutz (DEZ) Given a €8.30 Price Target by HSBC Analysts

Deutz (ETR:DEZ) has been given a €8.30 ($9.88) price target by investment analysts at HSBC in a research report issued to clients and investors on Tuesday. The brokerage currently has a “buy” rating on the stock. HSBC’s price target points to a potential upside of 7.22% from the stock’s current price.

A number of other research firms have also weighed in on DEZ. Kepler Capital Markets set a €8.00 ($9.52) target price on Deutz and gave the company a “buy” rating in a report on Friday, September 29th. set a €7.70 ($9.17) target price on Deutz and gave the company a “buy” rating in a report on Monday, November 6th. DZ Bank restated a “buy” rating on shares of Deutz in a report on Friday, October 20th. Commerzbank set a €6.00 ($7.14) target price on Deutz and gave the company a “neutral” rating in a report on Thursday, September 28th. Finally, Warburg Research set a €7.80 ($9.29) target price on Deutz and gave the company a “buy” rating in a report on Monday, September 11th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of €7.56 ($9.00).

Deutz (ETR DEZ) opened at €7.74 ($9.22) on Tuesday. Deutz has a fifty-two week low of €5.14 ($6.12) and a fifty-two week high of €7.90 ($9.40).

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About Deutz

DEUTZ Aktiengesellschaft engages in the design, development, production, and sale of compact diesel engines in Europe, the Middle East, Africa, the Asia Pacific, and the Americas. The company’s DEUTZ Compact Engines segment provides liquid-cooled engines with capacities of approximately 8 liters. Its DEUTZ Customised Solutions segment offers air-cooled engines and liquid-cooled engines with a capacity of exceeding approximately 8 liters.

Analyst Recommendations for Deutz (ETR:DEZ)

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