Deutsche Bank AG (DBK) Given a €17.00 Price Target by J P Morgan Chase & Co Analysts
Deutsche Bank AG (FRA:DBK) received a €17.00 ($20.24) target price from equities researchers at J P Morgan Chase & Co in a report issued on Friday. The brokerage presently has a “neutral” rating on the stock.
Several other research analysts have also commented on DBK. UBS AG set a €17.20 ($20.48) price objective on shares of Deutsche Bank AG and gave the stock a “neutral” rating in a research note on Wednesday, June 7th. Goldman Sachs Group, Inc. (The) set a €16.10 ($19.17) price objective on shares of Deutsche Bank AG and gave the stock a “neutral” rating in a research note on Friday, August 11th. Commerzbank Ag set a €15.00 ($17.86) price objective on shares of Deutsche Bank AG and gave the stock a “sell” rating in a research note on Thursday, July 27th. Societe Generale set a €10.50 ($12.50) price objective on shares of Deutsche Bank AG and gave the stock a “sell” rating in a research note on Monday, September 11th. Finally, equinet AG set a €19.00 ($22.62) price objective on shares of Deutsche Bank AG and gave the stock a “buy” rating in a research note on Thursday, July 27th. Ten analysts have rated the stock with a sell rating, ten have issued a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of €15.52 ($18.47).
Shares of Deutsche Bank AG (DBK) opened at 13.84 on Friday. Deutsche Bank AG has a 12-month low of €8.85 and a 12-month high of €17.85. The company’s market capitalization is €28.59 billion. The company’s 50-day moving average is €14.25 and its 200-day moving average is €15.64.
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About Deutsche Bank AG
Deutsche Bank AG is a Germany-based global investment bank. The Company diversifies its activities into three group divisions: Corporate & Investment Bank (CIB); Private Clients and Asset Management (PCAM), and Corporate Investments (CI). The Corporate & Investment Bank group division comprises corporate banking and securities activities and is divided into Corporate Banking & Securities (CB&S), comprising Markets and Corporate Finance businesses, and Global Transaction Banking (GTB) corporate divisions.
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