Deutsche Bank (FRA:DBK) PT Set at €7.25 by Independent Research
Independent Research set a €7.25 ($8.43) price target on Deutsche Bank (FRA:DBK) in a report issued on Tuesday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Several other research analysts have also issued reports on DBK. Berenberg Bank set a €6.00 ($6.98) price target on shares of Deutsche Bank and gave the stock a sell rating in a research note on Monday. Royal Bank of Canada reiterated a buy rating on shares of OceanaGold in a research note on Friday, July 5th. Credit Suisse Group upgraded shares of Laredo Petroleum from an underperform rating to a neutral rating and set a $2.83 price target for the company in a research note on Tuesday. They noted that the move was a valuation call. Bank of America reiterated a sell rating on shares of Deutsche Bank in a research note on Monday. Finally, Barclays increased their price target on shares of from GBX 200 ($2.61) to GBX 210 ($2.74) and gave the stock an equal weight rating in a research note on Friday, June 21st. Eight equities research analysts have rated the stock with a sell rating and eleven have assigned a hold rating to the company. The company presently has an average rating of Hold and an average target price of €7.29 ($8.48).
Shares of Deutsche Bank stock opened at €6.71 ($7.80) on Tuesday. The stock has a 50-day simple moving average of €6.38. Deutsche Bank has a 1 year low of €12.36 ($14.37) and a 1 year high of €18.49 ($21.50).
Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services to private individuals, corporate entities, and institutional clients worldwide. It operates through three segments: Corporate & Investment Bank (CIB), Private & Commercial Bank (PCB), and Asset Management.
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