Deutsche Bank AG (DBK) PT Set at €11.00 by Bank of America Corp.
Deutsche Bank AG (FRA:DBK) has been given a €11.00 ($12.22) price objective by Bank of America Corp. in a report released on Friday. The brokerage presently has a a “sell” rating on the stock.
A number of other analysts have also recently issued reports on the company. Commerzbank AG set a €16.00 ($17.78) target price on Deutsche Bank AG and gave the company a “neutral” rating in a research report on Friday. Societe Generale set a €10.50 ($11.67) target price on Deutsche Bank AG and gave the company a “sell” rating in a research report on Wednesday, September 14th. HSBC set a €14.00 ($15.56) target price on Deutsche Bank AG and gave the company a “neutral” rating in a research report on Monday, September 12th. Kepler Capital Markets set a €15.30 ($17.00) price objective on Deutsche Bank AG and gave the stock a “buy” rating in a research report on Monday, September 12th. Finally, Goldman Sachs Group Inc. set a €14.20 ($15.78) price objective on Deutsche Bank AG and gave the stock a “neutral” rating in a research report on Monday, September 12th. Nine research analysts have rated the stock with a sell rating, twelve have given a hold rating and four have assigned a buy rating to the stock. Deutsche Bank AG presently has a consensus rating of “Hold” and a consensus price target of €14.15 ($15.72).
Shares of Deutsche Bank AG (FRA:DBK) opened at 11.747 on Friday. Deutsche Bank AG has a 52-week low of €11.08 and a 52-week high of €27.95. The stock’s market capitalization is €16.06 billion. The stock has a 50 day moving average price of €12.53 and a 200-day moving average price of €14.25.
Deutsche Bank AG Company Profile
Deutsche Bank AG is a Germany-based global investment bank. The Company diversifies its activities into three group divisions: Corporate & Investment Bank (CIB); Private Clients and Asset Management (PCAM), and Corporate Investments (CI). The Corporate & Investment Bank group division comprises corporate banking and securities activities and is divided into Corporate Banking & Securities (CB&S), comprising Markets and Corporate Finance businesses, and Global Transaction Banking (GTB) corporate divisions.
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