Deutsche Bank AG (FRA:DBK) has been assigned a €11.00 ($12.09) price objective by Nord/LB in a research note issued on Wednesday. The brokerage presently has a a “neutral” rating on the stock.
Other equities research analysts have also recently issued reports about the company. Macquarie set a €11.00 ($12.09) price objective on Deutsche Bank AG and gave the company a “sell” rating in a research report on Wednesday, July 6th. Kepler Capital Markets set a €13.99 ($15.37) target price on Deutsche Bank AG and gave the company a “buy” rating in a research note on Tuesday. Bankhaus Lampe set a €21.00 ($23.08) target price on Deutsche Bank AG and gave the company a “buy” rating in a research note on Wednesday. Barclays PLC set a €16.50 ($18.13) target price on Deutsche Bank AG and gave the company a “neutral” rating in a research note on Wednesday, July 6th. Finally, Goldman Sachs Group Inc. set a €14.90 ($16.37) target price on Deutsche Bank AG and gave the company a “neutral” rating in a research note on Tuesday, June 28th. Nine investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and four have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of €13.65 ($15.00).
Shares of Deutsche Bank AG (FRA:DBK) traded up 1.13% during mid-day trading on Wednesday, hitting €13.30. 70,558 shares of the company were exchanged. The stock’s market cap is €18.18 billion. The stock’s 50-day moving average price is €12.22 and its 200 day moving average price is €13.45. Deutsche Bank AG has a 12-month low of €9.91 and a 12-month high of €27.86.
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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