Shares of Deutsche Bank AG (FRA:DBK) have been given a consensus recommendation of “Hold” by the eighteen brokerages that are currently covering the company, MarketBeat.com reports. Seven investment analysts have rated the stock with a sell recommendation and eleven have assigned a hold recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is €7.22 ($8.40).
Several equities analysts recently issued reports on DBK shares. Goldman Sachs Group set a €7.80 ($9.07) price objective on Deutsche Bank and gave the stock a “neutral” rating in a research note on Tuesday, July 23rd. Credit Suisse Group set a €6.00 ($6.98) target price on Deutsche Bank and gave the company a “sell” rating in a research note on Thursday, July 25th. Berenberg Bank set a €6.00 ($6.98) target price on Deutsche Bank and gave the company a “sell” rating in a research note on Monday, July 8th. JPMorgan Chase & Co. set a €6.25 ($7.27) target price on Deutsche Bank and gave the company a “neutral” rating in a research note on Wednesday, July 24th. Finally, Royal Bank of Canada set a €7.00 ($8.14) target price on Deutsche Bank and gave the company a “sell” rating in a research note on Wednesday, July 24th.
DBK traded down €0.22 ($0.26) during trading hours on Wednesday, hitting €6.66 ($7.75). 17,734,648 shares of the stock were exchanged. The stock has a 50-day simple moving average of €6.84. Deutsche Bank has a 12 month low of €12.36 ($14.37) and a 12 month high of €18.49 ($21.50).
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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