Nord/LB Reiterates “€11.00” Price Target for Deutsche Bank AG (DBK)
Deutsche Bank AG (FRA:DBK) has been assigned a €11.00 ($12.22) price target by analysts at Nord/LB in a report released on Tuesday. The brokerage presently has a a “neutral” rating on the stock.
A number of other equities research analysts have also commented on the company. Independent Research GmbH set a €17.00 ($18.89) price target on Deutsche Bank AG and gave the company a “neutral” rating in a research report on Monday, May 23rd. JPMorgan Chase & Co. set a €23.00 ($25.56) price target on Deutsche Bank AG and gave the company a “buy” rating in a research report on Wednesday, May 25th. Goldman Sachs Group Inc. set a €23.80 ($26.44) price target on Deutsche Bank AG and gave the company a “neutral” rating in a research report on Wednesday, June 1st. Royal Bank Of Canada set a €19.00 ($21.11) price target on Deutsche Bank AG and gave the company a “neutral” rating in a research report on Thursday, June 2nd. Finally, Societe Generale set a €12.00 ($13.33) price target on Deutsche Bank AG and gave the company a “sell” rating in a research report on Friday, June 3rd. Nine research analysts have rated the stock with a sell rating, twelve have issued a hold rating and four have issued a buy rating to the company. Deutsche Bank AG currently has an average rating of “Hold” and a consensus price target of €14.03 ($15.59).
Shares of Deutsche Bank AG (FRA:DBK) traded down 1.984% during midday trading on Tuesday, hitting €11.315. 215,893 shares of the stock were exchanged. Deutsche Bank AG has a 1-year low of €11.08 and a 1-year high of €27.95. The stock’s 50-day moving average price is €12.53 and its 200-day moving average price is €14.25. The firm’s market capitalization is €15.47 billion.
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About Deutsche Bank AG
Deutsche Bank AG is a Germany-based global investment bank. The Company diversifies its activities into three group divisions: Corporate & Investment Bank (CIB); Private Clients and Asset Management (PCAM), and Corporate Investments (CI). The Corporate & Investment Bank group division comprises corporate banking and securities activities and is divided into Corporate Banking & Securities (CB&S), comprising Markets and Corporate Finance businesses, and Global Transaction Banking (GTB) corporate divisions.
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