Deutsche Bank AG (DBK) Given a €11.00 Price Target at Macquarie
Deutsche Bank AG (FRA:DBK) has been given a €11.00 ($12.22) price target by analysts at Macquarie in a report issued on Wednesday. The firm presently has a a “sell” rating on the stock.
A number of other equities research analysts have also recently commented on the company. BNP Paribas set a €10.00 ($11.11) target price on Deutsche Bank AG and gave the stock a “sell” rating in a research note on Monday, July 4th. Goldman Sachs Group Inc. set a €14.90 ($16.56) target price on Deutsche Bank AG and gave the stock a “neutral” rating in a research note on Monday, July 4th. Bank of America Corp. set a €13.00 ($14.44) target price on Deutsche Bank AG and gave the stock a “neutral” rating in a research note on Monday, July 11th. Bankhaus Lampe set a €21.00 ($23.33) target price on Deutsche Bank AG and gave the stock a “buy” rating in a research note on Tuesday, August 2nd. Finally, Credit Suisse Group AG set a €13.00 ($14.44) target price on Deutsche Bank AG and gave the stock a “sell” rating in a research note on Friday, September 30th. Nine equities research 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. The company presently has a consensus rating of “Hold” and a consensus price target of €13.69 ($15.21).
Shares of Deutsche Bank AG (FRA:DBK) traded up 1.22% during trading on Wednesday, hitting €12.40. The company had a trading volume of 58,413 shares. The company’s 50 day moving average is €12.23 and its 200 day moving average is €13.60. Deutsche Bank AG has a 1-year low of €9.91 and a 1-year high of €27.95. The firm’s market capitalization is €16.95 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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