Deutsche Bank (FRA:DBK) has been given a €7.00 ($8.14) price target by analysts at Royal Bank of Canada in a note issued to investors on Wednesday, Borsen Zeitung reports. The firm presently has a “sell” rating on the stock. Royal Bank of Canada’s target price suggests a potential upside of 0.69% from the stock’s previous close.
Several other analysts also recently commented on DBK. Kepler Capital Markets set a €6.00 ($6.98) price objective on Deutsche Bank and gave the stock a “neutral” rating in a research note on Friday, November 1st. HSBC set a €6.30 ($7.33) price target on Deutsche Bank and gave the company a “neutral” rating in a research note on Wednesday, September 25th. Independent Research set a €6.10 ($7.09) price target on Deutsche Bank and gave the company a “sell” rating in a research note on Thursday, October 31st. JPMorgan Chase & Co. set a €6.00 ($6.98) price target on Deutsche Bank and gave the company a “neutral” rating in a research note on Tuesday. Finally, Morgan Stanley set a €6.00 ($6.98) price target on Deutsche Bank and gave the company a “sell” rating in a research note on Thursday, November 21st. Seven investment analysts have rated the stock with a sell rating and seven have issued a hold rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of €6.31 ($7.33).
Shares of Deutsche Bank stock opened at €6.95 ($8.08) on Wednesday. Deutsche Bank has a 12 month low of €12.36 ($14.37) and a 12 month high of €18.49 ($21.50). The stock’s fifty day simple moving average is €6.72 and its 200 day simple moving average is €6.70.
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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