In a report released today, Andreas Plaesier from Warburg Research maintained a Buy rating on Deutsche Bank AG (DB – Research Report), with a price target of €17.00. The company’s shares closed yesterday at $10.43.
According to TipRanks, Plaesier is ranked #3725 out of 8447 analysts.
In addition to Warburg Research, Deutsche Bank AG also received a Buy from Goldman Sachs’s Chris Hallam in a report issued on July 7. However, on July 10, Societe Generale downgraded Deutsche Bank AG (NYSE: DB) to a Hold.
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DB market cap is currently €19.22B and has a P/E ratio of 3.82.
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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.
Read More on DB:
- Societe Generale downgrades quartet of banks ahead of Basel 4 release
- Deutsche Bank downgraded to Hold from Buy at Societe Generale
- Hunt to reverse MiFID II ban on free research, Bloomberg reports
- Deutsche Bank price target lowered to EUR 14 from EUR 15 at JPMorgan
- Deutsche Bank informs clients some Russian shares are missing, Reuters says
