Deutsche Bank (FRA:DBK) has been assigned a €6.60 ($7.67) price objective by analysts at UBS Group in a research note issued on Friday, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock. UBS Group’s price target would suggest a potential downside of 2.31% from the company’s current price.
A number of other research firms also recently issued reports on DBK. Royal Bank of Canada restated a “buy” rating on shares of OceanaGold in a report on Friday, July 5th. Nord/LB set a €7.10 ($8.26) target price on shares of Deutsche Bank and gave the company a “neutral” rating in a report on Tuesday, July 9th. Berenberg Bank set a €6.00 ($6.98) target price on shares of Deutsche Bank and gave the company a “sell” rating in a report on Monday, July 8th. JPMorgan Chase & Co. set a GBX 3,200 ($41.81) target price on shares of Diageo and gave the company a “neutral” rating in a report on Wednesday. Finally, Independent Research set a €7.25 ($8.43) price objective on shares of Deutsche Bank and gave the stock a “neutral” rating in a research note on Tuesday, July 9th. Eight research analysts have rated the stock with a sell rating and eleven have assigned a hold rating to the company. The stock has an average rating of “Hold” and a consensus price target of €7.29 ($8.48).
Deutsche Bank stock opened at €6.76 ($7.86) on Friday. Deutsche Bank has a 1 year low of €12.36 ($14.37) and a 1 year high of €18.49 ($21.50). The firm has a 50 day moving average of €6.39.
Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services to private individuals, corporate entities, and institutional clients worldwide. It operates through three segments: Corporate & Investment Bank (CIB), Private & Commercial Bank (PCB), and Asset Management.
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