Deutsche Bank (FRA:DBK) Given a €8.00 Price Target at Goldman Sachs Group

Deutsche Bank (FRA:DBK) has been assigned a €8.00 ($9.30) target price by investment analysts at Goldman Sachs Group in a note issued to investors on Thursday, Borsen Zeitung reports. The firm presently has a “neutral” rating on the stock. Goldman Sachs Group’s target price indicates a potential upside of 21.75% from the company’s current price.

A number of other research firms also recently weighed in on DBK. Kepler Capital Markets set a €6.00 ($6.98) price target on Deutsche Bank and gave the stock a “neutral” rating in a research note on Friday, November 1st. Barclays set a €5.00 ($5.81) price target on Deutsche Bank and gave the stock a “sell” rating in a research note on Wednesday, October 30th. JPMorgan Chase & Co. set a €6.25 ($7.27) price target on Deutsche Bank and gave the stock a “neutral” rating in a research note on Wednesday, October 30th. Independent Research set a €6.10 ($7.09) price target on Deutsche Bank and gave the stock a “sell” rating in a research note on Thursday, October 31st. Finally, Berenberg Bank set a €5.50 ($6.40) price target on Deutsche Bank and gave the stock a “sell” rating in a research note on Tuesday, November 5th. Seven equities research analysts have rated the stock with a sell rating and eight have issued a hold rating to the company. The stock has an average rating of “Hold” and a consensus target price of €6.47 ($7.52).

DBK opened at €6.57 ($7.64) on Thursday. Deutsche Bank has a fifty-two week low of €12.36 ($14.37) and a fifty-two week high of €18.49 ($21.50). The business has a 50-day moving average of €6.85 and a 200-day moving average of €6.76.

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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