Deutsche Bank (FRA:DBK) Given a €6.60 Price Target at UBS Group

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Deutsche Bank (FRA:DBK) has been assigned a €6.60 ($7.67) target price by research analysts at UBS Group in a research note issued to investors on Friday, Borsen Zeitung reports. The firm presently has a “neutral” rating on the stock. UBS Group’s target price would suggest a potential downside of 2.31% from the company’s previous close.

Other analysts have also recently issued research reports about the stock. Berenberg Bank set a €6.00 ($6.98) price objective on shares of Deutsche Bank and gave the stock a “sell” rating in a report on Monday, July 8th. Kepler Capital Markets reaffirmed a “hold” rating on shares of Continental in a report on Friday, June 28th. JPMorgan Chase & Co. set a GBX 3,200 ($41.81) price objective on shares of Diageo and gave the stock a “neutral” rating in a report on Wednesday. Royal Bank of Canada reaffirmed a “buy” rating on shares of OceanaGold in a report on Friday, July 5th. Finally, HSBC set a €6.90 ($8.02) price objective on shares of Deutsche Bank and gave the stock a “neutral” rating in a report on Tuesday, July 9th. Eight investment analysts have rated the stock with a sell rating and eleven have issued a hold rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of €7.29 ($8.48).

DBK stock opened at €6.76 ($7.86) on Friday. Deutsche Bank has a fifty-two week low of €12.36 ($14.37) and a fifty-two week high of €18.49 ($21.50). The business has a 50-day moving average price of €6.39.

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.

Read More: Cash Asset Ratio

Analyst Recommendations for Deutsche Bank (FRA:DBK)

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