Deutsche Bank AG (FRA:DBK) PT Set at €19.00 by HSBC Holdings plc
Deutsche Bank AG (FRA:DBK) has been given a €19.00 ($21.84) target price by investment analysts at HSBC Holdings plc in a research note issued to investors on Wednesday, July 12th. The firm presently has a “neutral” rating on the stock.
A number of other brokerages have also issued reports on DBK. Warburg Research set a €18.20 ($20.92) target price on shares of Deutsche Bank AG and gave the company a “neutral” rating in a research report on Wednesday, April 26th. Macquarie set a €17.50 ($20.11) price target on shares of Deutsche Bank AG and gave the company a “buy” rating in a report on Monday, April 24th. Citigroup Inc. set a €14.00 ($16.09) price target on shares of Deutsche Bank AG and gave the stock a “sell” rating in a research report on Tuesday, March 28th. Commerzbank Ag set a €15.00 ($17.24) price objective on Deutsche Bank AG and gave the stock a “sell” rating in a report on Tuesday, June 13th. Finally, J P Morgan Chase & Co set a €18.00 ($20.69) price objective on Deutsche Bank AG and gave the stock a “neutral” rating in a report on Monday, April 24th. Eight investment analysts have rated the stock with a sell rating, eleven have given a hold rating and four have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of €16.27 ($18.70).
Shares of Deutsche Bank AG (DBK) traded up 2.617% during mid-day trading on Wednesday, hitting €15.998. 43,776 shares of the company traded hands. The firm has a 50-day moving average price of €15.79 and a 200 day moving average price of €16.17. Deutsche Bank AG has a 52-week low of €8.85 and a 52-week high of €17.85. The firm’s market cap is €21.99 billion.
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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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