Macquarie Analysts Give Deutsche Bank AG (FRA:DBK) a €16.50 Price Target
Several other research firms have also recently weighed in on DBK. Citigroup Inc. set a €14.30 ($16.82) price target on shares of Deutsche Bank AG and gave the company a sell rating in a report on Thursday, April 27th. Warburg Research set a €18.20 ($21.41) price target on shares of Deutsche Bank AG and gave the company a neutral rating in a report on Wednesday, April 26th. Goldman Sachs Group, Inc. (The) set a €15.80 ($18.59) target price on shares of Deutsche Bank AG and gave the stock a neutral rating in a research report on Tuesday, April 25th. Independent Research GmbH set a €19.00 ($22.35) target price on shares of Deutsche Bank AG and gave the stock a buy rating in a research report on Monday, April 24th. Finally, J P Morgan Chase & Co set a €18.00 ($21.18) target price on shares of Deutsche Bank AG and gave the stock a neutral rating in a research report on Monday, April 24th. Eight research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and three have assigned a buy rating to the company. The stock has an average rating of Hold and a consensus price target of €16.07 ($18.91).
Shares of Deutsche Bank AG (FRA DBK) opened at 15.473 on Friday. The firm’s market capitalization is €31.96 billion. The stock has a 50 day moving average price of €15.83 and a 200 day moving average price of €16.15. Deutsche Bank AG has a 12 month low of €8.85 and a 12 month high of €17.85.
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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