Nord/LB Analysts Give Deutsche Bank (FRA:DBK) a €7.70 Price Target

Nord/LB set a €7.70 ($8.65) price objective on Deutsche Bank (FRA:DBK) in a research report sent to investors on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

Several other brokerages also recently commented on DBK. Credit Suisse Group set a €5.00 ($5.62) target price on Deutsche Bank and gave the company a sell rating in a research note on Friday, July 17th. Morgan Stanley set a €7.00 ($7.87) price objective on Deutsche Bank and gave the company a sell rating in a research report on Friday, July 24th. Oddo Bhf set a €5.40 ($6.07) price objective on Deutsche Bank and gave the stock a sell rating in a report on Thursday, April 16th. Goldman Sachs Group set a €6.60 ($7.42) target price on shares of Deutsche Bank and gave the company a neutral rating in a research note on Monday, July 27th. Finally, Royal Bank of Canada set a €7.00 ($7.87) price target on shares of Deutsche Bank and gave the stock a sell rating in a research note on Wednesday. Nine investment analysts have rated the stock with a sell rating and six have assigned a hold rating to the company. The company has a consensus rating of Sell and an average target price of €6.33 ($7.11).

FRA:DBK opened at €7.59 ($8.53) on Wednesday. The company’s 50 day moving average price is €8.49 and its 200-day moving average price is €7.48. Deutsche Bank has a 52 week low of €12.36 ($13.89) and a 52 week high of €18.49 ($20.78).

About Deutsche Bank

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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