Deutsche Bank AG (DBK) Given a €18.00 Price Target by JPMorgan Chase & Co. Analysts
Deutsche Bank AG (FRA:DBK) has been assigned a €18.00 ($20.22) price target by stock analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Monday. The brokerage currently has a “neutral” rating on the stock.
Several other brokerages have also recently commented on DBK. Societe Generale set a €11.50 ($12.92) price target on Deutsche Bank AG and gave the stock a “sell” rating in a research report on Tuesday, March 21st. Citigroup Inc. set a €15.50 ($17.42) price target on Deutsche Bank AG and gave the stock a “sell” rating in a research report on Tuesday, March 21st. Independent Research GmbH set a €19.00 ($21.35) price target on Deutsche Bank AG and gave the stock a “neutral” rating in a research report on Monday, March 20th. Nord/LB set a €16.00 ($17.98) target price on Deutsche Bank AG and gave the company a “sell” rating in a report on Thursday, March 16th. Finally, HSBC Holdings plc set a €16.00 ($17.98) target price on Deutsche Bank AG and gave the company a “neutral” rating in a report on Wednesday, March 8th. Eight research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of €16.32 ($18.33).
Shares of Deutsche Bank AG (FRA DBK) traded up 1.180% during midday trading on Monday, reaching €15.095. 31,184 shares of the company’s stock were exchanged. Deutsche Bank AG has a one year low of €8.85 and a one year high of €17.85. The stock’s market cap is €20.75 billion. The company’s 50-day moving average is €16.35 and its 200-day moving average is €16.12.
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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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