In a report released today, Kian Abouhossein from J.P. Morgan maintained a Buy rating on Deutsche Bank AG (DB – Research Report), with a price target of €14.20. The company’s shares closed last Friday at $13.09.
According to TipRanks, Abouhossein is a 5-star analyst with an average return of 17.4% and a 66.52% success rate. Abouhossein covers the Financial sector, focusing on stocks such as UBS Group AG, Deutsche Bank AG, and Goldman Sachs Group.
In addition to J.P. Morgan, Deutsche Bank AG also received a Buy from DZ BANK AG’s Timo Dums in a report issued today. However, on January 11, Morgan Stanley maintained a Hold rating on Deutsche Bank AG (NYSE: DB).
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The company has a one-year high of $14.02 and a one-year low of $8.58. Currently, Deutsche Bank AG has an average volume of 2.71M.
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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.
Read More on DB:
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- Spanish Regulator Probes Deutsche Bank for Misleading Sales
- Deutsche Bank downgraded to Underperform from Market Perform at Keefe Bruyette
