Royal Bank of Canada Analysts Give Deutsche Bank AG (DBK) a €14.00 Price Target
Deutsche Bank AG (FRA:DBK) received a €14.00 ($15.73) price objective from analysts at Royal Bank of Canada in a note issued to investors on Friday. The brokerage currently has a “neutral” rating on the stock.
A number of other research analysts have also recently commented on DBK. Goldman Sachs Group Inc set a €18.20 ($20.45) target price on shares of Deutsche Bank AG and gave the stock a “neutral” rating in a research report on Thursday, January 26th. Macquarie set a €15.50 ($17.42) target price on shares of Deutsche Bank AG and gave the stock a “sell” rating in a research report on Thursday, January 26th. Independent Research GmbH set a €14.00 ($15.73) target price on shares of Deutsche Bank AG and gave the stock a “sell” rating in a research report on Monday, January 30th. HSBC Holdings plc set a €19.00 ($21.35) target price on shares of Deutsche Bank AG and gave the stock a “neutral” rating in a research report on Tuesday, January 31st. Finally, Berenberg Bank set a €9.00 ($10.11) target price on shares of Deutsche Bank AG and gave the stock a “sell” rating in a research report on Tuesday, January 31st. Eight research analysts have rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the company’s stock. Deutsche Bank AG has an average rating of “Hold” and an average target price of €16.42 ($18.45).
Shares of Deutsche Bank AG (FRA:DBK) traded down 1.580% during midday trading on Friday, hitting €16.511. 49,102 shares of the stock were exchanged. Deutsche Bank AG has a 12-month low of €8.85 and a 12-month high of €17.85. The firm’s market cap is €22.70 billion. The firm has a 50 day moving average of €16.48 and a 200 day moving average of €15.77.
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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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