Deutsche Bank AG (DBK) Receives €15.15 Average Target Price from Analysts

Shares of Deutsche Bank AG (FRA:DBK) have been given an average recommendation of “Hold” by the twenty-two research firms that are currently covering the stock, MarketBeat reports. Seven analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have issued a buy rating on the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is €14.91 ($17.75).

Several research firms recently weighed in on DBK. Independent Research set a €18.00 ($21.43) price objective on shares of Deutsche Bank and gave the stock a “buy” rating in a research note on Monday. Warburg Research set a €14.40 ($17.14) price objective on shares of Deutsche Bank and gave the stock a “neutral” rating in a research note on Thursday. Macquarie set a €12.50 ($14.88) price objective on shares of Deutsche Bank and gave the stock a “sell” rating in a research note on Thursday. Citigroup set a €9.50 ($11.31) price objective on shares of Deutsche Bank and gave the stock a “sell” rating in a research note on Monday. Finally, Societe Generale set a €10.50 ($12.50) target price on shares of Deutsche Bank and gave the stock a “sell” rating in a research report on Wednesday.

Deutsche Bank (FRA DBK) traded down €0.06 ($0.07) on Tuesday, reaching €15.29 ($18.20). 14,266,354 shares of the company traded hands. The firm has a market capitalization of $31,670.00 and a price-to-earnings ratio of -31.20. Deutsche Bank has a 52-week low of €13.07 ($15.56) and a 52-week 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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