Deutsche Bank AG (FRA:DBK) Receives €5.97 Average Price Target from Analysts
Shares of Deutsche Bank AG (FRA:DBK) have been assigned a consensus recommendation of “Sell” from the fifteen research firms that are currently covering the firm, Marketbeat reports. Nine investment analysts have rated the stock with a sell rating and six have issued a hold rating on the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is €5.97 ($6.70).
Several research firms have commented on DBK. Royal Bank of Canada set a €6.00 ($6.74) target price on shares of Deutsche Bank and gave the stock a “sell” rating in a research report on Monday, May 4th. Kepler Capital Markets set a €6.50 ($7.30) target price on shares of Deutsche Bank and gave the stock a “sell” rating in a research report on Monday, June 22nd. Berenberg Bank set a €4.50 ($5.06) price target on Deutsche Bank and gave the company a “sell” rating in a research report on Wednesday, June 24th. Independent Research set a €5.60 ($6.29) price target on Deutsche Bank and gave the company a “sell” rating in a research report on Thursday, April 30th. Finally, Goldman Sachs Group set a €6.60 ($7.42) price target on Deutsche Bank and gave the company a “neutral” rating in a research report on Friday, May 22nd.
Deutsche Bank stock traded up €0.30 ($0.34) during mid-day trading on Friday, hitting €8.43 ($9.47). 13,109,901 shares of the company’s stock were exchanged. Deutsche Bank has a 1-year low of €12.36 ($13.89) and a 1-year high of €18.49 ($20.78). The stock has a 50 day moving average of €7.55 and a two-hundred day moving average of €7.22.
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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