Independent Research GmbH Reiterates “€20.00” Price Target for Deutsche Bank AG (DBK)

Deutsche Bank AG (FRA:DBK) has been given a €20.00 ($23.53) price objective by stock analysts at Independent Research GmbH in a research report issued to clients and investors on Monday, July 24th. The firm currently has a “buy” rating on the stock.

Several other brokerages have also commented on DBK. Warburg Research set a €18.20 ($21.41) price target on Deutsche Bank AG and gave the stock a “neutral” rating in a research note on Wednesday, April 26th. Macquarie set a €17.50 ($20.59) price target on Deutsche Bank AG and gave the stock a “buy” rating in a research note on Monday, April 24th. HSBC Holdings plc set a €19.00 ($22.35) price target on Deutsche Bank AG and gave the stock a “neutral” rating in a research note on Wednesday, July 12th. Citigroup Inc. set a €14.00 ($16.47) price target on Deutsche Bank AG and gave the stock a “sell” rating in a research note on Tuesday, March 28th. Finally, Commerzbank Ag set a €15.00 ($17.65) price target on Deutsche Bank AG and gave the stock a “sell” rating in a research note on Tuesday, June 13th. Ten analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have issued a buy rating to the company. Deutsche Bank AG currently has an average rating of “Hold” and an average target price of €15.56 ($18.30).

Shares of Deutsche Bank AG (DBK) traded up 0.206% during mid-day trading on Monday, hitting €14.119. The company had a trading volume of 120,324 shares. Deutsche Bank AG has a 12 month low of €8.85 and a 12 month high of €17.85. The firm has a 50-day moving average of €15.65 and a 200-day moving average of €16.03. The company’s market cap is €29.16 billion.

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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.

Analyst Recommendations for Deutsche Bank AG (FRA:DBK)

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