Kepler Capital Markets set a €6.50 ($7.30) price target on Deutsche Bank (FRA:DBK) in a report released on Wednesday, Borsen Zeitung reports. The brokerage currently has a sell rating on the stock.
A number of other equities research analysts also recently commented on DBK. Goldman Sachs Group set a €6.60 ($7.42) price objective on shares of Deutsche Bank and gave the company a neutral rating in a research report on Friday, May 22nd. Credit Suisse Group set a €5.00 ($5.62) price target on Deutsche Bank and gave the company a sell rating in a research note on Thursday, April 30th. Berenberg Bank set a €4.50 ($5.06) price objective on Deutsche Bank and gave the stock a sell rating in a report on Wednesday, June 24th. Independent Research set a €5.60 ($6.29) target price on Deutsche Bank and gave the company a sell rating in a report on Thursday, April 30th. Finally, JPMorgan Chase & Co. set a €7.00 ($7.87) price target on shares of Deutsche Bank and gave the stock a neutral rating in a research note on Monday, June 22nd. Nine research analysts have rated the stock with a sell rating and six have assigned a hold rating to the company. Deutsche Bank presently has a consensus rating of Sell and an average target price of €5.97 ($6.70).
Shares of FRA:DBK opened at €8.48 ($9.52) on Wednesday. Deutsche Bank has a fifty-two week low of €12.36 ($13.89) and a fifty-two week high of €18.49 ($20.78). The firm’s 50-day simple moving average is €7.71 and its 200-day simple moving average is €7.26.
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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