FRANKFURT (dpa-AFX Broker) - The shares of Deutz left the 21-day line for the short-term trend behind them on Friday with a significant price gain. By midday, the shares of the engine manufacturer were in first place in the SDax index of smaller blue chips, up 5.3 percent. The recent weakness in the share price has thus been ironed out and the loss since the beginning of the year has been made up.

As announced, Deutz is selling its boat motor subsidiary. The Torqeedo division will be sold to the Japanese supplier Yamaha Motor Co. for an expected price in the high double-digit million euro range, the Koln-based company announced.

The sale should have a positive effect on margins, wrote analyst Jorge Gonzalez Sadornil from Hauck Aufhäuser Investment Banking. It should also help to finance the latest deal with Rolls-Royce Power Systems. The expert considers Deutz to be favorably valued. His price target is 8 euros, the shares currently cost 4.79 euros./ajx/tih