Deutsche Bank (FRA:DBK) Given a €5.10 Price Target by Bank of America Analysts

Deutsche Bank (FRA:DBK) has been given a €5.10 ($5.93) target price by investment analysts at Bank of America in a research report issued on Monday, Borsen Zeitung reports. The brokerage presently has a “sell” rating on the stock. Bank of America‘s target price indicates a potential downside of 29.06% from the stock’s previous close.

Several other equities analysts have also issued reports on the company. Goldman Sachs Group set a €7.80 ($9.07) price objective on Deutsche Bank and gave the company a “neutral” rating in a research report on Friday, September 20th. Kepler Capital Markets set a €6.50 ($7.56) price objective on Deutsche Bank and gave the company a “neutral” rating in a research report on Friday, June 28th. Credit Suisse Group set a €6.00 ($6.98) price objective on Deutsche Bank and gave the company a “sell” rating in a research report on Monday, September 30th. JPMorgan Chase & Co. set a €6.25 ($7.27) price objective on Deutsche Bank and gave the company a “neutral” rating in a research report on Wednesday, September 4th. Finally, Nord/LB set a €7.10 ($8.26) price objective on Deutsche Bank and gave the company a “neutral” rating in a research report on Thursday, July 25th. Seven investment analysts have rated the stock with a sell rating and ten have given a hold rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of €7.07 ($8.23).

Shares of DBK opened at €7.19 ($8.36) on Monday. The stock has a 50 day simple moving average of €6.99 and a 200 day simple moving average of €6.83. Deutsche Bank has a 52-week low of €12.36 ($14.37) and a 52-week high of €18.49 ($21.50).

Deutsche Bank Company Profile

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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Analyst Recommendations for Deutsche Bank (FRA:DBK)

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