Deutsche Bank AG (DBK) Given a €11.00 Price Target at Macquarie
Deutsche Bank AG (FRA:DBK) has been assigned a €11.00 ($12.22) target price by Macquarie in a research note issued to investors on Wednesday. The brokerage currently has a a “sell” rating on the stock.
Other equities analysts have also issued reports about the company. JPMorgan Chase & Co. set a €23.00 ($25.56) target price on Deutsche Bank AG and gave the company a “buy” rating in a report on Monday, June 20th. Bankhaus Lampe set a €23.00 ($25.56) price objective on Deutsche Bank AG and gave the company a “buy” rating in a report on Tuesday, June 14th. Finally, Kepler Capital Markets set a €14.80 ($16.44) price objective on Deutsche Bank AG and gave the company a “buy” rating in a report on Wednesday, July 20th. Nine analysts have rated the stock with a sell rating, twelve have assigned a hold rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of €13.69 ($15.21).
Deutsche Bank AG (FRA:DBK) opened at 12.375 on Wednesday. Deutsche Bank AG has a 1-year low of €9.91 and a 1-year high of €27.95. The firm has a 50-day moving average price of €12.23 and a 200 day moving average price of €13.60. The firm’s market cap is €16.92 billion.
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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