Deutsche Bank AG (DBK) Given a €17.50 Price Target at Morgan Stanley
Several other research firms also recently issued reports on DBK. Barclays PLC set a €19.00 ($20.21) price target on shares of Deutsche Bank AG and gave the stock a neutral rating in a research note on Thursday, February 23rd. JPMorgan Chase & Co. set a €17.00 ($18.09) price target on shares of Deutsche Bank AG and gave the stock a neutral rating in a research note on Thursday, February 16th. Goldman Sachs Group Inc set a €18.20 ($19.36) price target on shares of Deutsche Bank AG and gave the stock a neutral rating in a research note on Thursday, February 2nd. Citigroup Inc set a €14.00 ($14.89) price target on shares of Deutsche Bank AG and gave the stock a sell rating in a research note on Tuesday, March 28th. Finally, Macquarie set a €15.50 ($16.49) price target on shares of Deutsche Bank AG and gave the stock a sell rating in a research note on Monday, February 6th. Nine equities research analysts have rated the stock with a sell rating, ten have given a hold rating and three have assigned a buy rating to the company’s stock. The company has a consensus rating of Hold and a consensus price target of €16.16 ($17.19).
Shares of Deutsche Bank AG (FRA:DBK) traded up 0.32% during mid-day trading on Thursday, reaching €15.45. The company’s stock had a trading volume of 91,313 shares. The firm’s 50 day moving average price is €15.81 and its 200-day moving average price is €14.75. Deutsche Bank AG has a 1-year low of €8.85 and a 1-year high of €17.81. The company’s market capitalization is €21.31 billion.
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About Deutsche Bank AG
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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