J.P. Morgan analyst Kian Abouhossein maintained a Buy rating on Deutsche Bank AG (DB – Research Report) today and set a price target of €14.00. The company’s shares closed yesterday at $10.06.
According to TipRanks, Abouhossein is a 5-star analyst with an average return of 13.4% and a 59.32% success rate. Abouhossein covers the Financial sector, focusing on stocks such as Deutsche Bank AG, UBS Group AG, and Commerzbank AG.
In addition to J.P. Morgan, Deutsche Bank AG also received a Buy from RBC Capital’s Anke Reingen in a report issued today. However, on the same day, Bank of America Securities maintained a Sell rating on Deutsche Bank AG (NYSE: DB).
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The company has a one-year high of $13.15 and a one-year low of $8.58. Currently, Deutsche Bank AG has an average volume of 2.17M.
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Deutsche Bank AG (DB) Company Description:
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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- Deutsche Bank brings in former Barclays internet banker Withey, Reuters says
