Warburg Research analyst Andreas Plaesier maintained a Buy rating on Deutsche Bank AG (DB – Research Report) today and set a price target of €17.00. The company’s shares closed yesterday at $10.96.
According to TipRanks, Plaesier is a 3-star analyst with an average return of 2.4% and a 57.63% success rate.
In addition to Warburg Research, Deutsche Bank AG also received a Buy from Citi’s Andrew Coombs in a report issued on July 31. However, on July 27, Credit Suisse maintained a Sell rating on Deutsche Bank AG (NYSE: DB).
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DB market cap is currently $22.3B and has a P/E ratio of 4.26.
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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:
- Deutsche Bank Earnings: Strong Revenues Offset by Higher Costs
- Deutsche Bank raises prime lending rate to 8.50%
- Deutsche Bank affirms 2025 targets for post-tax RoTE, cost/income ratio
- Deutsche Bank affirms 2023 capital distribution goals
- Deutsche Bank reports 1H profit before tax EUR 3.3B, up 2% y/y
