Deutsche Bank Aktiengesellschaft Reiterates “Buy” Rating for Cairn Homes (LON:CRN)

Cairn Homes (LON:CRN)‘s stock had its “buy” rating restated by investment analysts at Deutsche Bank Aktiengesellschaft in a research note issued to investors on Thursday, Digital Look reports. They presently have a GBX 175 ($2.30) target price on the stock. Deutsche Bank Aktiengesellschaft’s target price points to a potential upside of 7.63% from the stock’s current price.

Cairn Homes Stock Performance

CRN opened at GBX 162.60 ($2.14) on Thursday. The company has a debt-to-equity ratio of 23.81, a quick ratio of 0.22 and a current ratio of 8.88. Cairn Homes has a 52-week low of GBX 93 ($1.22) and a 52-week high of GBX 166.40 ($2.19). The firm has a market cap of £1.03 billion, a P/E ratio of 1,478.18 and a beta of 1.12. The business’s fifty day moving average is GBX 155.99 and its 200-day moving average is GBX 143.87.

Cairn Homes Company Profile

Cairn Homes plc, a holding company, operates as a home and community builder in Ireland. The company involved in the development and sale of residential properties, as well as rental of properties. It also provides financial services. Cairn Homes plc was incorporated in 2014 and is based in Dublin, Ireland.