Credit Suisse Group Reiterates “€15.00” Price Target for Deutsche Bank AG (DBK)
Deutsche Bank AG (FRA:DBK) has been given a €15.00 ($17.86) price target by equities research analysts at Credit Suisse Group in a research note issued on Thursday. The brokerage presently has a “sell” rating on the stock.
A number of other brokerages have also commented on DBK. Royal Bank Of Canada set a €14.00 ($16.67) price objective on Deutsche Bank AG and gave the company a “neutral” rating in a research report on Friday, July 7th. equinet AG set a €19.00 ($22.62) price target on Deutsche Bank AG and gave the company a “buy” rating in a research note on Thursday, June 29th. J P Morgan Chase & Co set a €18.00 ($21.43) price target on Deutsche Bank AG and gave the company a “neutral” rating in a research note on Monday, June 26th. Citigroup Inc. set a €12.00 ($14.29) price target on Deutsche Bank AG and gave the company a “sell” rating in a research note on Friday, June 23rd. Finally, Commerzbank Ag set a €15.00 ($17.86) price target on Deutsche Bank AG and gave the company a “sell” rating in a research note on Tuesday, June 13th. Ten investment analysts have rated the stock with a sell rating, ten have given a hold rating and three have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of €15.62 ($18.60).
Shares of Deutsche Bank AG (FRA:DBK) opened at 13.533 on Thursday. The firm has a 50-day moving average price of €15.35 and a 200 day moving average price of €15.93. The firm’s market cap is €27.95 billion. Deutsche Bank AG has a 12-month low of €8.85 and a 12-month high of €17.85.
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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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