Deutsche Bank (FRA:DBK) Given a €6.30 Price Target by HSBC Analysts

HSBC set a €6.30 ($7.33) price objective on Deutsche Bank (FRA:DBK) in a research note published on Thursday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

A number of other research analysts have also commented on the stock. Berenberg Bank set a €6.00 ($6.98) price objective on shares of 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) price objective on shares of Deutsche Bank and gave the company a neutral rating in a research note on Wednesday, July 24th. Kepler Capital Markets set a €6.50 ($7.56) price objective on shares of Deutsche Bank and gave the company a neutral rating in a research note on Friday, June 28th. Royal Bank of Canada set a €7.00 ($8.14) price objective on shares of Deutsche Bank and gave the company a sell rating in a research note on Wednesday, July 24th. Finally, Bank of America set a €5.10 ($5.93) price objective on shares of Deutsche Bank and gave the company a sell rating in a research note on Thursday. Seven analysts have rated the stock with a sell rating and eleven have given a hold rating to the company. The company has a consensus rating of Hold and a consensus target price of €7.19 ($8.37).

FRA DBK opened at €6.16 ($7.16) on Thursday. Deutsche Bank has a 12 month low of €12.36 ($14.37) and a 12 month high of €18.49 ($21.50). The company’s 50 day simple moving average is €6.82 and its 200 day simple moving average is €7.10.

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.

See Also: Trading on Margin

Analyst Recommendations for Deutsche Bank (FRA:DBK)

Receive News & Ratings for Deutsche Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deutsche Bank and related companies with MarketBeat.com's FREE daily email newsletter.