Deutsche Bank (DBK) Given a €16.00 Price Target at HSBC

HSBC set a €16.00 ($19.05) price target on Deutsche Bank (FRA:DBK) in a research report sent to investors on Monday. The brokerage currently has a neutral rating on the stock.

A number of other brokerages have also issued reports on DBK. Royal Bank of Canada set a €16.00 ($19.05) target price on Deutsche Bank and gave the stock a neutral rating in a research report on Monday, December 18th. Morgan Stanley set a €14.80 ($17.62) price target on Deutsche Bank and gave the company a neutral rating in a research report on Wednesday, December 13th. Credit Suisse Group set a €16.00 ($19.05) price target on Deutsche Bank and gave the company a neutral rating in a research report on Thursday, December 14th. Goldman Sachs Group set a €15.60 ($18.57) price target on Deutsche Bank and gave the company a neutral rating in a research report on Tuesday, November 21st. Finally, Nord/LB set a €15.50 ($18.45) price target on Deutsche Bank and gave the company a neutral rating in a research report on Friday, December 15th. Eight equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and four have issued a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus price target of €15.15 ($18.03).

Shares of Deutsche Bank (FRA:DBK) traded down €0.16 ($0.19) during trading on Monday, hitting €15.15 ($18.04). The stock had a trading volume of 93,284 shares. The firm has a market capitalization of $31,360.00 and a price-to-earnings ratio of -30.92. Deutsche Bank has a 12 month low of €13.07 ($15.56) and a 12 month high of €19.95 ($23.75).

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About Deutsche Bank

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 company’s 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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