Deutsche Bank (DBK) Given a €19.00 Price Target by Independent Research Analysts
Deutsche Bank (FRA:DBK) received a €19.00 ($22.62) price target from equities research analysts at Independent Research in a research note issued on Wednesday. The firm presently has a “buy” rating on the stock. Independent Research’s price objective suggests a potential upside of 20.94% from the stock’s previous close.
A number of other equities research analysts also recently commented on DBK. Citigroup set a €9.50 ($11.31) target price on Deutsche Bank and gave the company a “sell” rating in a report on Tuesday, August 8th. Goldman Sachs Group set a €16.10 ($19.17) target price on Deutsche Bank and gave the company a “neutral” rating in a report on Friday, August 11th. set a €14.00 ($16.67) target price on Deutsche Bank and gave the company a “sell” rating in a report on Friday, August 11th. Macquarie set a €12.50 ($14.88) target price on Deutsche Bank and gave the company a “sell” rating in a report on Monday, August 14th. Finally, BNP Paribas set a €12.50 ($14.88) target price on Deutsche Bank and gave the company a “sell” rating in a report on Thursday, August 31st. Eight equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of €14.91 ($17.75).
Deutsche Bank (FRA DBK) traded down €0.24 ($0.29) during trading on Wednesday, reaching €15.71 ($18.70). The company’s stock had a trading volume of 11,827,378 shares. Deutsche Bank has a 12 month low of €13.07 ($15.56) and a 12 month high of €19.95 ($23.75).
Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services to private individuals, affluent clients, and small and medium sized corporate clients worldwide. The companys Global Markets segment offers financial markets products, such as bonds, equities and equity-linked products, exchange-traded and over-the-counter derivatives, foreign exchange, money market instruments, and structured products.
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