Deutsche Wohnen (OTCMKTS:DTCWY) PT Lowered to €23.00

Deutsche Wohnen (OTCMKTS:DTCWY – Get Rating) had its target price reduced by stock analysts at Deutsche Bank Aktiengesellschaft from €24.00 ($26.09) to €23.00 ($25.00) in a report issued on Thursday, The Fly reports. The brokerage currently has a “hold” rating on the stock.

Deutsche Wohnen Price Performance

Shares of OTCMKTS DTCWY opened at $11.87 on Thursday. Deutsche Wohnen has a 12 month low of $8.15 and a 12 month high of $21.43. The stock has a 50-day moving average price of $11.07 and a two-hundred day moving average price of $10.81.

About Deutsche Wohnen

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Deutsche Wohnen SE develops and manages residential properties in Germany. The company operates through four segments: Residential Property Management, Disposals, Nursing home operators, and Nursing Properties. Its property portfolio consists of approximately 160,000 residential and commercial units; nursing properties with approximately 10,580 beds; and apartments for assisted living.