Deutsche Bank AG (DBK) Given Consensus Rating of “Hold” by Brokerages
Shares of Deutsche Bank AG (FRA:DBK) have been given a consensus recommendation of “Hold” by the twenty-three ratings firms that are covering the company, Marketbeat.com reports. Eight investment analysts have rated the stock with a sell recommendation, eleven have issued a hold recommendation and four have given a buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is €15.12 ($17.79).
Several equities analysts have recently weighed in on the stock. Societe Generale set a €10.50 ($12.35) target price on shares of Deutsche Bank AG and gave the company a “sell” rating in a report on Monday. Independent Research GmbH set a €19.00 ($22.35) target price on shares of Deutsche Bank AG and gave the company a “buy” rating in a report on Thursday. UBS AG set a €14.90 ($17.53) target price on shares of Deutsche Bank AG and gave the company a “neutral” rating in a report on Thursday. Macquarie set a €12.50 ($14.71) target price on shares of Deutsche Bank AG and gave the company a “sell” rating in a report on Wednesday, November 15th. Finally, set a €18.00 ($21.18) price target on shares of Deutsche Bank AG and gave the stock a “buy” rating in a report on Tuesday, November 14th.
Deutsche Bank AG (FRA DBK) traded up €0.12 ($0.14) during mid-day trading on Monday, reaching €16.35 ($19.24). 15,197,129 shares of the company were exchanged. Deutsche Bank AG has a one year low of €13.07 ($15.38) and a one year high of €19.95 ($23.47).
About Deutsche Bank AG
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 companys 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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