Deutsche Bank (DBK) PT Set at €16.30 by UBS

Deutsche Bank (FRA:DBK) has been assigned a €16.30 ($20.12) target price by equities researchers at UBS in a research note issued on Thursday. The brokerage currently has a “neutral” rating on the stock. UBS’s price target would suggest a potential upside of 44.02% from the company’s current price.

A number of other research analysts also recently commented on the company. Independent Research set a €16.50 ($20.37) target price on Deutsche Bank and gave the stock a “buy” rating in a report on Monday, March 19th. JPMorgan Chase & Co. set a €14.00 ($17.28) target price on Deutsche Bank and gave the stock a “neutral” rating in a report on Thursday, March 15th. Nord/LB set a €14.00 ($17.28) target price on Deutsche Bank and gave the stock a “neutral” rating in a report on Tuesday, March 13th. Societe Generale set a €10.00 ($12.35) target price on Deutsche Bank and gave the stock a “sell” rating in a report on Tuesday, March 13th. Finally, Macquarie set a €11.50 ($14.20) target price on Deutsche Bank and gave the stock a “sell” rating in a report on Friday, March 9th. Seven research analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have assigned a buy rating to the stock. Deutsche Bank presently has a consensus rating of “Hold” and a consensus price target of €14.36 ($17.73).

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Deutsche Bank stock opened at €11.32 ($13.97) on Thursday. Deutsche Bank has a 1-year low of €12.36 ($15.26) and a 1-year high of €18.49 ($22.83). The company has a market capitalization of $26,480.00 and a P/E ratio of 33.29.

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About Deutsche Bank

Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services to private individuals, affluent clients, and small and medium sized corporate clients worldwide. The company's Global Markets segment offers financial markets' products, such as bonds, equities and equity-linked products, exchange-traded and over-the-counter derivatives, foreign exchange, money market instruments, and structured products.

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