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 €16.30. The company’s shares closed yesterday at $12.85.
According to TipRanks, Plaesier is a 3-star analyst with an average return of 2.6% and a 60.58% success rate.
In addition to Warburg Research, Deutsche Bank AG also received a Buy from J.P. Morgan’s Kian Abouhossein in a report issued today. However, yesterday, Citi downgraded Deutsche Bank AG (NYSE: DB) to a Hold.
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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 2.46M.
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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:
- DB Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Deutsche Bank price target lowered to EUR 14.20 from EUR 15 at JPMorgan
- Deutsche Bank likely won’t lead European bank consolidation, FT reports
- Best Stocks for 2024, And How To Find Them
- M&A News: Commerzbank Could Merge with Deutsche Bank as Germany Wants Out
