Zacks Investment Research Lowers Deutsche Wohnen (OTCMKTS:DWHHF) to Strong Sell

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Zacks Investment Research downgraded shares of Deutsche Wohnen (OTCMKTS:DWHHF) from a hold rating to a strong sell rating in a research note issued to investors on Wednesday, Zacks.com reports.

According to Zacks, “Deutsche Wohnen AG develops, manages and sells residential properties primarily in Germany and Europe. The company’s operating segments consists of Residential Property, Disposals, and Nursing and Assisted Living. Deutsche Wohnen AG is headquartered in Berlin, Germany. “

A number of other research firms have also issued reports on DWHHF. Commerzbank reiterated a buy rating and issued a $52.50 target price on shares of Deutsche Wohnen in a research note on Tuesday, May 21st. ValuEngine lowered shares of Woodward, Inc.Common Stock from a buy rating to a hold rating in a research note on Tuesday, April 9th.

OTCMKTS:DWHHF opened at $38.13 on Wednesday. Deutsche Wohnen has a 1 year low of $38.13 and a 1 year high of $50.15. The firm has a fifty day moving average price of $42.14.

About Deutsche Wohnen

Deutsche Wohnen SE, a residential property company, develops and manages residential properties in Germany and Europe. The company operates through three segments: Residential Property Management, Disposals, and Nursing and Assisted Living. Its property portfolio consists of approximately 167,000 residential and commercial units; nursing properties with approximately 12,100 beds; and apartments for assisted living.

Read More: What is a portfolio manager?

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