TAG Immobilien AG (OTCMKTS:TAGOF – Get Free Report) was the target of a significant decline in short interest in March. As of March 13th, there was short interest totaling 70,656 shares, a decline of 22.4% from the February 26th total of 91,074 shares. Based on an average daily trading volume, of 2 shares, the days-to-cover ratio is presently 35,328.0 days.
Wall Street Analysts Forecast Growth
Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of TAG Immobilien in a research note on Monday, December 1st. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy”.
Get Our Latest Report on TAG Immobilien
TAG Immobilien Price Performance
TAG Immobilien Company Profile
TAG Immobilien AG is a Germany-based real estate company principally engaged in the acquisition, development and management of residential properties. Headquartered in Hamburg, the company focuses on creating a stable and diversified portfolio of rental housing across urban and growth regions. TAG Immobilien operates under a strategy of selective purchases, targeted modernization and active asset management to drive both occupancy levels and long-term value growth.
The company’s core business activities include the acquisition of existing residential buildings, the implementation of energy-efficient renovations and the day-to-day management of rental units.
Further Reading
Receive News & Ratings for TAG Immobilien Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TAG Immobilien and related companies with MarketBeat.com's FREE daily email newsletter.
