Deutsche Bank AG (FRA:DBK) Given Average Recommendation of “Hold” by Brokerages
Deutsche Bank AG (FRA:DBK) has been assigned an average recommendation of “Hold” from the twenty-three analysts that are currently covering the stock, MarketBeat.com reports. Eight investment analysts have rated the stock with a sell recommendation, eleven have assigned a hold recommendation and four have issued a buy recommendation on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is €16.22 ($18.65).
Several equities analysts have recently weighed in on DBK shares. Independent Research GmbH set a €19.00 ($21.84) price objective on shares of Deutsche Bank AG and gave the stock a “neutral” rating in a research note on Monday, March 20th. Societe Generale set a €11.50 ($13.22) price objective on shares of Deutsche Bank AG and gave the stock a “sell” rating in a research note on Tuesday, March 21st. Citigroup Inc set a €15.50 ($17.82) price objective on shares of Deutsche Bank AG and gave the stock a “sell” rating in a research note on Tuesday, March 21st. HSBC Holdings plc set a €16.00 ($18.39) price objective on shares of Deutsche Bank AG and gave the stock a “neutral” rating in a research note on Thursday, March 30th. Finally, Berenberg Bank set a €12.00 ($13.79) price objective on shares of Deutsche Bank AG and gave the stock a “sell” rating in a research note on Friday, March 31st.
Deutsche Bank AG (FRA:DBK) traded down 2.313% during trading on Tuesday, hitting €15.965. 91,676 shares of the stock traded hands. Deutsche Bank AG has a 52-week low of €8.85 and a 52-week high of €17.85. The firm has a 50-day moving average price of €16.06 and a 200 day moving average price of €16.12. The company’s market cap is €21.95 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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