Deutsche Bank AG (DBK) Given a €15.00 Price Target at Commerzbank Ag
Deutsche Bank AG (FRA:DBK) has been assigned a €15.00 ($17.86) price target by analysts at Commerzbank Ag in a research note issued to investors on Wednesday. The firm currently has a “sell” rating on the stock.
Several other equities analysts have also recently weighed in on the stock. J P Morgan Chase & Co set a €18.00 ($21.43) price objective on shares of Deutsche Bank AG and gave the stock a “neutral” rating in a research note on Monday, June 26th. Credit Suisse Group set a €15.50 ($18.45) target price on shares of Deutsche Bank AG and gave the stock a “sell” rating in a research note on Monday, July 3rd. HSBC Holdings plc set a €19.00 ($22.62) target price on shares of Deutsche Bank AG and gave the stock a “neutral” rating in a research note on Wednesday, July 12th. equinet AG set a €19.00 ($22.62) target price on shares of Deutsche Bank AG and gave the stock a “buy” rating in a research note on Thursday, June 29th. Finally, Royal Bank Of Canada set a €14.00 ($16.67) target price on shares of Deutsche Bank AG and gave the stock a “neutral” rating in a research note on Friday, May 26th. Ten equities research analysts have rated the stock with a sell rating, ten have given a hold rating and three have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of €15.56 ($18.52).
Shares of Deutsche Bank AG (FRA:DBK) traded up 0.671% during trading on Wednesday, reaching €13.359. 36,490 shares of the company traded hands. The company’s 50-day moving average price is €14.53 and its 200-day moving average price is €15.73. Deutsche Bank AG has a 52 week low of €8.85 and a 52 week high of €17.85. The company’s market capitalization is €27.59 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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