RBC Capital analyst Anke Reingen maintained a Buy rating on Deutsche Bank AG (DB – Research Report) today and set a price target of €15.00. The company’s shares closed yesterday at $10.37.
According to TipRanks, Reingen is a 5-star analyst with an average return of 12.8% and a 59.12% success rate. Reingen covers the Financial sector, focusing on stocks such as UBS Group AG, Deutsche Bank AG, and JPMorgan Chase & Co..
In addition to RBC Capital, Deutsche Bank AG also received a Buy from J.P. Morgan’s Kian Abouhossein in a report issued on June 26. However, on June 19, Bank of America Securities maintained a Sell rating on Deutsche Bank AG (NYSE: DB).
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DB market cap is currently €19.4B and has a P/E ratio of 3.84.
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Founded in 1870, Germany-based Deutsche Bank AG provides investment, financial, and related products and services to private individuals, corporate entities, and institutional clients worldwide. It operates through the following divisions: Corporate Bank, Investment Bank, Private Bank and Asset Management.
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