Deutsche Bank (FRA:DBK) has been given a €18.00 ($22.22) price target by equities researchers at Independent Research in a report issued on Monday, January 8th. The firm currently has a “buy” rating on the stock. Independent Research’s price target suggests a potential upside of 19.78% from the company’s previous close.
Several other analysts also recently weighed in on the stock. Royal Bank of Canada set a €13.50 ($16.67) price objective on shares of Deutsche Bank and gave the company a “neutral” rating in a research report on Friday, October 6th. UBS Group set a €17.20 ($21.23) price target on shares of Deutsche Bank and gave the stock a “neutral” rating in a research report on Thursday, October 26th. Goldman Sachs Group set a €15.80 ($19.51) price target on shares of Deutsche Bank and gave the stock a “neutral” rating in a research report on Tuesday, October 24th. Societe Generale set a €10.50 ($12.96) price target on shares of Deutsche Bank and gave the stock a “sell” rating in a research report on Friday, October 27th. Finally, Citigroup set a €9.50 ($11.73) price target on shares of Deutsche Bank and gave the stock a “sell” rating in a research report on Monday, October 23rd. Seven equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of €14.96 ($18.47).
Deutsche Bank (DBK) opened at €15.03 ($18.55) on Monday. The stock has a market cap of $30,800.00 and a PE ratio of -30.67. Deutsche Bank has a 52-week low of €13.07 ($16.14) and a 52-week high of €19.78 ($24.42).
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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 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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