Credit Suisse Group Reiterates €6.00 Price Target for Deutsche Bank (FRA:DBK)

Credit Suisse Group set a €6.00 ($6.98) price target on Deutsche Bank (FRA:DBK) in a report released on Monday, Borsen Zeitung reports. The brokerage currently has a sell rating on the stock.

Several other research analysts also recently issued reports on the company. Kepler Capital Markets set a €6.50 ($7.56) price objective on Deutsche Bank and gave the company a neutral rating in a research note on Friday, June 28th. Barclays set a €5.00 ($5.81) price objective on Deutsche Bank and gave the company a sell rating in a research note on Friday, June 21st. UBS Group set a €5.70 ($6.63) price objective on Deutsche Bank and gave the company a sell rating in a research note on Thursday, June 20th. Royal Bank of Canada set a €7.50 ($8.72) price objective on Deutsche Bank and gave the company a sell rating in a research note on Monday, June 17th. Finally, Goldman Sachs Group set a €8.40 ($9.77) price objective on Deutsche Bank and gave the company a neutral rating in a research note on Monday, June 17th. Nine investment analysts have rated the stock with a sell rating and ten have issued a hold rating to the company. The stock currently has an average rating of Hold and an average target price of €7.32 ($8.51).

Deutsche Bank stock opened at €6.93 ($8.06) on Monday. The firm has a 50 day moving average price of €6.37. Deutsche Bank has a 1 year low of €12.36 ($14.37) and a 1 year high of €18.49 ($21.50).

Deutsche Bank Company Profile

Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services to private individuals, corporate entities, and institutional clients worldwide. It operates through three segments: Corporate & Investment Bank (CIB), Private & Commercial Bank (PCB), and Asset Management.

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