Berenberg Bank Analysts Give Deutsche Bank (FRA:DBK) a €4.50 Price Target

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Deutsche Bank (FRA:DBK) received a €4.50 ($5.23) price target from analysts at Berenberg Bank in a report issued on Thursday, Borsen Zeitung reports. The brokerage presently has a “sell” rating on the stock. Berenberg Bank’s price target suggests a potential downside of 32.42% from the stock’s previous close.

Several other equities research analysts have also commented on DBK. JPMorgan Chase & Co. set a €6.00 ($6.98) price target on shares of Deutsche Bank and gave the company a “neutral” rating in a report on Monday, April 27th. HSBC set a €5.70 ($6.63) price target on shares of Deutsche Bank and gave the company a “neutral” rating in a report on Wednesday, April 22nd. Warburg Research set a €7.60 ($8.84) price target on shares of Deutsche Bank and gave the company a “neutral” rating in a report on Wednesday, January 29th. Credit Suisse Group set a €5.00 ($5.81) price target on shares of Deutsche Bank and gave the company a “sell” rating in a report on Thursday, April 30th. Finally, Oddo Bhf set a €5.40 ($6.28) price target on shares of Deutsche Bank and gave the company a “sell” rating in a report on Thursday, April 16th. Eight analysts have rated the stock with a sell rating and seven have assigned a hold rating to the company’s stock. Deutsche Bank presently has a consensus rating of “Sell” and a consensus price target of €5.83 ($6.78).

FRA DBK opened at €6.66 ($7.74) on Thursday. Deutsche Bank has a 12-month low of €12.36 ($14.37) and a 12-month high of €18.49 ($21.50). The firm’s fifty day simple moving average is €6.10 and its two-hundred day simple moving average is €6.98.

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: How are Outstanding Shares Different from Authorized Shares?

Analyst Recommendations for Deutsche Bank (FRA:DBK)

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