Deutsche Bank (FRA:DBK) has been given a €6.00 ($6.98) price objective by equities researchers at Credit Suisse Group in a research note issued on Tuesday, Borsen Zeitung reports. The firm presently has a “sell” rating on the stock. Credit Suisse Group’s target price indicates a potential downside of 8.97% from the company’s previous close.
Several other brokerages have also recently weighed in on DBK. Kepler Capital Markets reiterated a “hold” rating on shares of Continental in a report on Friday, June 28th. Bank of America reiterated a “sell” rating on shares of Deutsche Bank in a report on Monday. Berenberg Bank set a €6.00 ($6.98) target price on Deutsche Bank and gave the stock a “sell” rating in a report on Monday. Royal Bank of Canada reiterated a “buy” rating on shares of OceanaGold in a report on Friday, July 5th. Finally, HSBC lowered their target price on Canada Goose from C$62.00 to C$55.00 and set a “buy” rating for the company in a report on Monday, June 3rd. Nine equities research analysts have rated the stock with a sell rating and ten have issued a hold rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of €7.25 ($8.43).
Shares of DBK stock traded up €0.06 ($0.07) during mid-day trading on Tuesday, hitting €6.59 ($7.66). The stock had a trading volume of 13,666,399 shares. Deutsche Bank has a 12-month low of €12.36 ($14.37) and a 12-month high of €18.49 ($21.50). The stock has a 50-day moving average of €6.39.
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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