Deutsche Bank AG (DBK) Given a €17.50 Price Target at equinet AG
Deutsche Bank AG (FRA:DBK) has been assigned a €17.50 ($20.83) target price by equities researchers at equinet AG in a note issued to investors on Friday. The brokerage presently has a “buy” rating on the stock.
A number of other research firms have also recently weighed in on DBK. Royal Bank Of Canada set a €14.00 ($16.67) price target on Deutsche Bank AG and gave the company a “neutral” rating in a research note on Friday, July 7th. Credit Suisse Group set a €15.50 ($18.45) price target on Deutsche Bank AG and gave the company a “sell” rating in a research note on Monday, July 3rd. J P Morgan Chase & Co set a €18.00 ($21.43) target price on Deutsche Bank AG and gave the stock a “neutral” rating in a research report on Monday, June 26th. Citigroup Inc set a €12.00 ($14.29) target price on Deutsche Bank AG and gave the stock a “sell” rating in a research report on Friday, June 23rd. Finally, Commerzbank Ag set a €15.00 ($17.86) target price on Deutsche Bank AG and gave the stock a “sell” rating in a research report on Tuesday, June 13th. Ten research analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of €15.56 ($18.52).
Deutsche Bank AG (FRA DBK) traded down 0.694% during mid-day trading on Friday, reaching €13.456. The company’s stock had a trading volume of 46,717 shares. The firm’s market cap is €27.79 billion. The stock’s 50 day moving average is €14.80 and its 200 day moving average is €15.81. Deutsche Bank AG has a one year low of €8.85 and a one year 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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