Deutsche Bank (DBK) PT Set at €17.50 by DZ Bank

Deutsche Bank (FRA:DBK) has been assigned a €17.50 ($20.83) price objective by research analysts at DZ Bank in a research report issued on Friday. The brokerage presently has a “buy” rating on the stock. DZ Bank’s target price suggests a potential upside of 12.98% from the stock’s current price.

A number of other brokerages have also commented on DBK. Nord/LB set a €15.50 ($18.45) price target on shares of Deutsche Bank and gave the company a “neutral” rating in a research note on Friday, December 15th. Goldman Sachs Group set a €15.60 ($18.57) price target on shares of Deutsche Bank and gave the company a “neutral” rating in a research note on Tuesday, November 21st. Credit Suisse Group set a €16.00 ($19.05) price target on shares of Deutsche Bank and gave the company a “neutral” rating in a research note on Monday, December 4th. Morgan Stanley set a €14.80 ($17.62) price target on shares of Deutsche Bank and gave the company a “neutral” rating in a research note on Wednesday, December 13th. Finally, Societe Generale set a €10.50 ($12.50) price target on shares of Deutsche Bank and gave the company a “sell” rating in a research note on Wednesday, December 6th. Eight equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and five have issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of €15.31 ($18.23).

Deutsche Bank (FRA:DBK) traded down €0.84 ($1.00) during trading hours on Friday, hitting €15.49 ($18.44). 33,995,534 shares of the stock traded hands. The company has a market cap of $32,000.00 and a price-to-earnings ratio of -31.61. Deutsche Bank has a 12 month low of €13.07 ($15.56) and a 12 month high of €19.95 ($23.75).

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About Deutsche Bank

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 company’s 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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