Brokerages Set Deutsche Bank AG (DBK) PT at $14.79
Shares of Deutsche Bank AG (FRA:DBK) have been given an average recommendation of “Hold” by the twenty-two research firms that are covering the firm, MarketBeat reports. Seven analysts have rated the stock with a sell recommendation, eleven have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is €14.79 ($18.25).
A number of research analysts have recently commented on the company. Royal Bank of Canada set a €16.00 ($19.75) target price on Deutsche Bank and gave the company a “neutral” rating in a research note on Monday, December 18th. HSBC set a €18.00 ($22.22) target price on Deutsche Bank and gave the company a “buy” rating in a research note on Wednesday, December 13th. Morgan Stanley set a €14.80 ($18.27) target price on Deutsche Bank and gave the company a “neutral” rating in a research note on Wednesday, December 13th. Credit Suisse Group set a €16.00 ($19.75) target price on Deutsche Bank and gave the company a “neutral” rating in a research note on Thursday, December 14th. Finally, Goldman Sachs Group set a €15.60 ($19.26) price target on Deutsche Bank and gave the company a “neutral” rating in a report on Tuesday, November 21st.
Deutsche Bank (FRA DBK) opened at €12.55 ($15.49) on Wednesday. The company has a market capitalization of $26,530.00 and a P/E ratio of 36.91. Deutsche Bank has a 52 week low of €12.36 ($15.26) and a 52 week high of €19.78 ($24.42).
About Deutsche Bank
Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services to private individuals, affluent clients, and small and medium sized corporate clients worldwide. The company's Global Markets segment offers financial markets' products, such as bonds, equities and equity-linked products, exchange-traded and over-the-counter derivatives, foreign exchange, money market instruments, and structured products.
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