Commerzbank AG Reiterates “€12.00” Price Target for Deutsche Bank AG (DBK)
Deutsche Bank AG (FRA:DBK) has been given a €12.00 ($13.33) target price by investment analysts at Commerzbank AG in a research note issued to investors on Wednesday. The brokerage presently has a a “neutral” rating on the stock.
A number of other research analysts have also weighed in on the company. BNP Paribas set a €10.00 ($11.11) price objective on Deutsche Bank AG and gave the company a “sell” rating in a research report on Monday, July 4th. Goldman Sachs Group Inc. set a €14.90 ($16.56) price target on Deutsche Bank AG and gave the stock a “neutral” rating in a research report on Monday, July 4th. Macquarie set a €11.00 ($12.22) price target on Deutsche Bank AG and gave the stock a “sell” rating in a research report on Wednesday, July 6th. Bank of America Corp. set a €13.00 ($14.44) price target on Deutsche Bank AG and gave the stock a “neutral” rating in a research report on Monday, July 11th. Finally, Bankhaus Lampe set a €21.00 ($23.33) price target on Deutsche Bank AG and gave the stock a “buy” rating in a research report on Tuesday, August 2nd. Nine investment analysts have rated the stock with a sell rating, twelve have given a hold rating and four have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of €13.69 ($15.21).
Shares of Deutsche Bank AG (FRA:DBK) opened at 12.368 on Wednesday. The company’s market capitalization is €16.91 billion. Deutsche Bank AG has a one year low of €9.91 and a one year high of €27.95. The company’s 50-day moving average price is €12.23 and its 200-day moving average price is €13.60.
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Deutsche Bank AG Company Profile
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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