Deutsche Bank (FRA:DBK) received a €16.00 ($19.75) price objective from equities researchers at HSBC in a report released on Monday, January 8th. The brokerage currently has a “neutral” rating on the stock. HSBC’s target price points to a potential upside of 15.11% from the company’s current price.
Other analysts also recently issued reports about the company. Citigroup set a €9.50 ($11.73) target price on Deutsche Bank and gave the company a “sell” rating in a report on Monday, October 23rd. Societe Generale set a €10.50 ($12.96) price target on Deutsche Bank and gave the company a “sell” rating in a research report on Monday, September 11th. Royal Bank of Canada set a €13.50 ($16.67) price target on Deutsche Bank and gave the company a “neutral” rating in a research report on Friday, October 6th. equinet set a €17.50 ($21.60) price target on Deutsche Bank and gave the company a “buy” rating in a research report on Friday, October 20th. Finally, Independent Research set a €19.00 ($23.46) target price on Deutsche Bank and gave the stock a “buy” rating in a research report on Monday, October 23rd. Seven 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. Deutsche Bank currently has an average rating of “Hold” and a consensus price target of €14.86 ($18.35).
Shares of Deutsche Bank (FRA DBK) traded down €0.92 ($1.14) during midday trading on Monday, reaching €13.90 ($17.16). The company’s stock had a trading volume of 504,662 shares. The stock has a market cap of $28,640.00 and a P/E ratio of -28.37. Deutsche Bank has a 12 month low of €13.07 ($16.14) and a 12 month 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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