Deutsche Bank AG (DBK) Given a €10.50 Price Target at Societe Generale
Deutsche Bank AG (FRA:DBK) received a €10.50 ($12.50) price objective from stock analysts at Societe Generale in a report issued on Monday. The firm currently has a “sell” rating on the stock.
A number of other brokerages have also weighed in on DBK. J P Morgan Chase & Co set a €18.00 ($21.43) price objective on Deutsche Bank AG and gave the company a “neutral” rating in a research report on Monday, June 26th. Commerzbank Ag set a €15.00 ($17.86) price objective on Deutsche Bank AG and gave the company a “sell” rating in a research report on Tuesday, June 13th. Credit Suisse Group set a €15.50 ($18.45) price objective on Deutsche Bank AG and gave the company a “sell” rating in a research report on Monday, July 3rd. HSBC Holdings plc set a €19.00 ($22.62) price objective on Deutsche Bank AG and gave the company a “neutral” rating in a research report on Wednesday, July 12th. Finally, equinet AG set a €19.00 ($22.62) price objective on Deutsche Bank AG and gave the company a “buy” rating in a research report on Thursday, June 29th. Ten investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have given a buy rating to the stock. Deutsche Bank AG currently has a consensus rating of “Hold” and an average target price of €15.52 ($18.47).
Deutsche Bank AG (DBK) traded up 2.672% during trading on Monday, reaching €13.716. The company had a trading volume of 95,485 shares. The firm’s market capitalization is €28.33 billion. Deutsche Bank AG has a one year low of €8.85 and a one year high of €17.85. The firm’s 50-day moving average price is €14.53 and its 200 day moving average price is €15.73.
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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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