CA Immo stock: Deutsche Bank keeps EUR 23.00 target

Published on 10/21/2026 at 16:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Half-year EBITDA was EUR 76.30 million. CA Immo stock costs EUR 21.60 on October 21, 2026, up 0.23 percent versus Vienna close.

Deutsche Bank confirms EUR 23.00 target

Deutsche Bank Research maintained its EUR 23.00 target and Hold rating on October 19, 2026.
CA Immo reported first-half 2026 EBITDA of EUR 76.30 million, down 15.00 percent year over year.
CA Immo stock costs EUR 21.60 at Lang & Schwarz on October 21, 2026 at 4:07 p.m. CEST, up 0.23 percent versus the prior Vienna close and 22.02 percent below its 52-week high.

CA Immo, AT0000641352, Illustration mit AI erstellt.

CA Immo stock was priced at EUR 21.60 at Lang & Schwarz on October 21, 2026 at 4:07 p.m. CEST, up 0.23 percent versus the prior Vienna close. Aktien-Portal reported on October 19, 2026 that Deutsche Bank Research kept its Hold rating and EUR 23.00 target. The target lies 6.48 percent above the Lang & Schwarz price.

Half-year EBITDA fell 15.00 percent

CA Immo's first-half 2026 operating picture was mixed. Assetphysics reported EBITDA of EUR 76.30 million for the six months ended June 30, 2026, down 15.00 percent from the prior-year period. The company recorded a net loss of EUR 1.40 million, while occupancy stood at 94.00 percent and like-for-like rental income increased 2.00 percent.

Stock sits 22.02 percent below its high

The Vienna-listed real estate company traded within a EUR 20.80 to EUR 27.70 52-week range on October 21, 2026. The Lang & Schwarz price was 3.85 percent above the low and 22.02 percent below the high. Trading volume on the Vienna quote was 65,635 shares at 3:52 p.m. CEST.

Valuation reaches EUR 2.0 billion

CA Immo had a market capitalization of EUR 2.0 billion and a price-to-earnings ratio of 13.58 on October 21, 2026. Its portfolio remains concentrated in office properties across Germany, Austria and Central Europe, while the first-half figures put occupancy and rental growth alongside weaker EBITDA.

Comparison with peers

CA Immo: up 0.23 percent on October 21, 2026, price-to-earnings ratio 13.58, market capitalization EUR 2.0 billion.
Vonovia (Xetra, EUR): up 1.30 percent on October 21, 2026, price-to-earnings ratio 3.69, market capitalization EUR 14.2 billion.
LEG Immobilien (Xetra, EUR): up 4.88 percent on October 21, 2026, price-to-earnings ratio 3.21, market capitalization EUR 3.7 billion.

What does the target imply?

Deutsche Bank's EUR 23.00 target leaves 6.48 percent upside from the Lang & Schwarz price, but its unchanged Hold rating limits the signal to valuation rather than a recommendation. The next investor test is whether CA Immo can convert 94.00 percent occupancy and 2.00 percent like-for-like rental growth into stronger earnings after the June 30, 2026 reporting period.

Price and investor perspective

CA Immo stock was trading at EUR 21.60 at Lang & Schwarz on October 21, 2026 at 4:07 p.m. CEST, up 0.23 percent versus the prior Vienna close of October 20, 2026. The stock stood 22.02 percent below its 52-week high of EUR 27.70.

The further course of trading is shown by the continuously updated real-time quote of CA Immo stock.