Analysts Set Deutsche Bank AG (FRA:DBK) Price Target at $16.22

Deutsche Bank AG (FRA:DBK) has earned an average recommendation of “Hold” from the twenty-three analysts that are covering the company, Marketbeat Ratings reports. Eight research analysts have rated the stock with a sell recommendation, twelve have issued a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is €15.96 ($18.78).

DBK has been the topic of a number of research reports. J P Morgan Chase & Co set a €18.00 ($21.18) target price on shares of Deutsche Bank AG and gave the stock a “neutral” rating in a research note on Monday, June 26th. Commerzbank Ag set a €15.00 ($17.65) target price on shares of Deutsche Bank AG and gave the stock a “sell” rating in a research note on Tuesday, June 13th. Credit Suisse Group set a €15.50 ($18.24) price objective on shares of Deutsche Bank AG and gave the stock a “sell” rating in a research note on Monday, July 3rd. HSBC Holdings plc set a €19.00 ($22.35) price objective on shares of Deutsche Bank AG and gave the stock a “neutral” rating in a research note on Wednesday, July 12th. Finally, Royal Bank Of Canada set a €14.00 ($16.47) price objective on shares of Deutsche Bank AG and gave the stock a “neutral” rating in a research note on Friday, May 26th.

Deutsche Bank AG (DBK) opened at 14.601 on Tuesday. The stock’s market cap is €30.16 billion. Deutsche Bank AG has a one year low of €8.85 and a one year high of €17.85. The stock’s 50 day moving average price is €15.80 and its 200-day moving average price is €16.13.

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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.