Deutsche Bank (FRA:DBK) has been assigned a €8.00 ($9.41) target price by equities research analysts at UBS Group in a report released on Wednesday, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the stock. UBS Group’s target price indicates a potential upside of 15.37% from the stock’s current price.
Several other analysts also recently issued reports on the stock. Goldman Sachs Group set a €6.80 ($8.00) price objective on shares of Deutsche Bank and gave the stock a “neutral” rating in a report on Wednesday, September 2nd. Berenberg Bank set a €5.00 ($5.88) price objective on Deutsche Bank and gave the company a “sell” rating in a research report on Wednesday, August 12th. Barclays set a €4.50 ($5.29) target price on shares of Deutsche Bank and gave the company a “sell” rating in a research note on Thursday, July 30th. Credit Suisse Group set a €5.50 ($6.47) price target on Deutsche Bank and gave the company a “sell” rating in a report on Thursday, July 30th. Finally, Royal Bank of Canada set a €7.00 ($8.24) price objective on Deutsche Bank and gave the stock a “sell” rating in a research note on Wednesday, July 29th. Nine investment analysts have rated the stock with a sell rating and six have assigned a hold rating to the stock. Deutsche Bank currently has a consensus rating of “Sell” and an average target price of €6.41 ($7.54).
FRA:DBK opened at €6.93 ($8.16) on Wednesday. The company has a 50-day moving average of €7.94 and a 200-day moving average of €7.31. Deutsche Bank has a twelve month low of €12.36 ($14.54) and a twelve month high of €18.49 ($21.75).
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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