Goldman Sachs Group Reaffirms “Neutral” Rating for Deutsche Bank (DB)
Deutsche Bank (NYSE:DB)‘s stock had its “neutral” rating reissued by analysts at Goldman Sachs Group in a report issued on Tuesday.
DB has been the subject of a number of other research reports. Zacks Investment Research upgraded Deutsche Bank from a “hold” rating to a “buy” rating and set a $18.00 price target for the company in a report on Tuesday, August 22nd. ValuEngine upgraded Deutsche Bank from a “hold” rating to a “buy” rating in a report on Tuesday, September 26th. DZ Bank reiterated a “buy” rating on shares of Deutsche Bank in a report on Thursday, October 26th. upgraded Deutsche Bank from a “hold” rating to a “buy” rating and boosted their price target for the company from $17.93 to $18.20 in a report on Tuesday, November 14th. Finally, HSBC upgraded Deutsche Bank from a “hold” rating to a “buy” rating in a report on Tuesday, November 14th. Five research analysts have rated the stock with a sell rating, six have issued a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $19.26.
Deutsche Bank (DB) traded down $0.36 on Tuesday, reaching $18.76. The company had a trading volume of 3,220,436 shares, compared to its average volume of 5,241,115. The stock has a market capitalization of $39,227.35, a price-to-earnings ratio of 12.74 and a beta of 1.43. Deutsche Bank has a 12 month low of $15.59 and a 12 month high of $20.94. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 2.35.
Deutsche Bank Company Profile
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