Deutsche Bank (FRA:DBK) has been assigned a €9.50 ($11.31) price objective by equities research analysts at Citigroup in a research report issued to clients and investors on Monday, January 8th. The firm currently has a “sell” rating on the stock. Citigroup’s price target indicates a potential downside of 38.23% from the company’s previous close.
A number of other equities analysts have also recently weighed in on the company. JPMorgan Chase & Co. set a €17.00 ($20.24) price target on Deutsche Bank and gave the stock a “neutral” rating in a research note on Friday, September 15th. S&P Global set a €13.50 ($16.07) target price on Deutsche Bank and gave the company a “sell” rating in a research note on Thursday, October 26th. Royal Bank of Canada set a €13.00 ($15.48) target price on Deutsche Bank and gave the company a “neutral” rating in a research note on Friday, October 27th. set a €14.00 ($16.67) target price on Deutsche Bank and gave the company a “neutral” rating in a research note on Thursday, September 21st. Finally, UBS Group set a €17.20 ($20.48) price target on Deutsche Bank and gave the company a “neutral” rating in a research note on Thursday, October 26th. Seven research analysts have rated the stock with a sell rating, eleven have given a hold rating and four have given a buy rating to the company. Deutsche Bank presently has an average rating of “Hold” and an average target price of €14.91 ($17.75).
Shares of Deutsche Bank (FRA DBK) traded up €0.03 ($0.04) during midday trading on Monday, hitting €15.38 ($18.31). 31,726 shares of the company were exchanged. Deutsche Bank has a fifty-two week low of €13.07 ($15.56) and a fifty-two week high of €19.95 ($23.75). The company has a market capitalization of $31,650.00 and a PE ratio of -31.39.
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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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