Deutsche Bank lifted target for Merlin Properties stock to EUR 18.00

Published on 10/12/2026 at 10:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The target moved from EUR 17.00 to EUR 18.00. Merlin Properties stock costs EUR 12.04 on October 12, 2026 versus EUR 15.92 high.

Key points in brief

Deutsche Bank lifted its Merlin Properties target from EUR 17.00 to EUR 18.00.
First-half 2026 FFO reached EUR 180.00 million, up 8.00 percent year on year.
Merlin Properties stock was at EUR 12.04 at Lang & Schwarz on October 12, 2026.
The stock's 52-week range was EUR 11.72 to EUR 15.92 on October 9, 2026.
The next quarterly results date is listed as November 12, 2026.

Merlin Properties, ES0105025003, Illustration mit AI erstellt.

Merlin Properties (ISIN ES0105025003) was covered with a higher Deutsche Bank target of EUR 18.00, up from EUR 17.00. Bolsamania reported the target change and said the bank retained its positive view of the Spanish real estate company.

Three dates frame the story

On July 27, 2026, Merlin reported first-half FFO of EUR 180.00 million, an 8.00 percent increase from the same period of 2025, according to Economia 3. On September 16, 2026, Merlin named Javier Echave as its incoming chief financial officer, while recurring first-half profit stood at EUR 180.00 million, Democrata reported. On October 9, 2026, the Madrid-listed stock closed at EUR 11.99 in the cited market quotation.

What does the target change mean?

The move from EUR 17.00 to EUR 18.00 gives Deutsche Bank's valuation a clear numerical anchor while Merlin's current operating metrics provide the counterpoint. First-half revenue reached EUR 307.70 million, up 11.70 percent year on year, and data centers accounted for 160 MW of leased or pre-leased capacity, according to Economia 3.

Dates and valuation context

TickerLandia lists November 12, 2026 as the next quarterly results date and reports 21 analysts in its consensus overview. MarketWatch lists Merlin Properties on the Madrid market, with a market capitalization of EUR 7.4 billion and a 52-week range of EUR 11.72 to EUR 15.92 as of October 9, 2026.

Stock price stays below yearly high

Merlin Properties was trading at EUR 12.04 at Lang & Schwarz on October 12, 2026 at 10:38 a.m. CEST. The latest half-year figures combine EUR 180.00 million of FFO with EUR 579.00 million of net accounting profit, while the data center pipeline supplies the main growth narrative.

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