Goldman Sachs Group Inc Reiterates “€16.40” Price Target for Deutsche Bank AG (DBK)
Deutsche Bank AG (FRA:DBK) has been given a €16.40 ($18.02) target price by investment analysts at Goldman Sachs Group Inc in a note issued to investors on Saturday. The firm presently has a “neutral” rating on the stock.
A number of other analysts also recently weighed in on the stock. S&P Global set a €21.00 ($23.08) price target on shares of Deutsche Bank AG and gave the company a “neutral” rating in a research report on Monday, March 6th. Societe Generale set a €11.00 ($12.09) price target on shares of Deutsche Bank AG and gave the company a “sell” rating in a research report on Monday, February 6th. Citigroup Inc set a €14.00 ($15.38) price target on shares of Deutsche Bank AG and gave the company a “sell” rating in a research report on Tuesday, March 28th. Morgan Stanley set a €17.50 ($19.23) price target on shares of Deutsche Bank AG and gave the company a “neutral” rating in a research report on Thursday, April 20th. Finally, Berenberg Bank set a €9.00 ($9.89) price target on shares of Deutsche Bank AG and gave the company a “sell” rating in a research report on Wednesday, February 15th. Eight research analysts have rated the stock with a sell rating, ten have given a hold rating and four have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of €16.42 ($18.04).
Deutsche Bank AG (FRA:DBK) traded up 1.357% on Friday, hitting €17.109. 41,981 shares of the stock traded hands. The stock’s market capitalization is €23.52 billion. Deutsche Bank AG has a 12-month low of €8.85 and a 12-month high of €17.85. The company’s 50 day moving average price is €16.33 and its 200-day moving average price is €15.57.
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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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