Deutsche Bank (DBK) Given a €12.50 Price Target by Macquarie Analysts

Deutsche Bank (FRA:DBK) has been given a €12.50 ($14.88) price objective by Macquarie in a research note issued on Thursday. The brokerage currently has a “sell” rating on the stock. Macquarie’s target price suggests a potential downside of 18.81% from the company’s current price.

A number of other research analysts have also recently commented on DBK. JPMorgan Chase & Co. set a €17.00 ($20.24) target price on Deutsche Bank and gave the company a “neutral” rating in a research note on Friday, September 15th. Goldman Sachs Group set a €16.00 ($19.05) target price on Deutsche Bank and gave the company a “neutral” rating in a research note on Monday, September 18th. 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. UBS Group set a €17.20 ($20.48) target price on Deutsche Bank and gave the company a “neutral” rating in a research note on Monday, September 25th. Finally, Nord/LB set a €14.50 ($17.26) target price on Deutsche Bank and gave the company a “sell” rating in a research note on Thursday, September 28th. Seven investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have given a buy rating to the company. Deutsche Bank has an average rating of “Hold” and an average target price of €14.89 ($17.72).

Shares of Deutsche Bank (FRA DBK) traded down €0.16 ($0.19) during mid-day trading on Thursday, reaching €15.40 ($18.33). The company’s stock had a trading volume of 16,391,116 shares. 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 stock has a market capitalization of $32,110.00 and a P/E ratio of -31.42.

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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.

Analyst Recommendations for Deutsche Bank (FRA:DBK)

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