Today UBS AG Reaffirms a “Neutral” Rating on Deutsche Bank (ETR:DBK) and a EUR 26.00 Target Price

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Deutsche Bank (ETR:DBK) Rating Reaffirmed

Frankfurt: In a very recent research note issued to clients and investors on Friday, 4 December, UBS AG has decided to restate their “Neutral” rating on Deutsche Bank (ETR:DBK) shares. They now have a EUR 26.00 target price per share on the company. UBS AG’s target implies a potential upside of 10.92% from the company’s previous stock close.

From a total of 14 analysts covering Deutsche Bank (ETR:DBK) stock, 5 rate it a ”Buy”, 2 a “Sell”, and 7 a ”Hold”. This means that 36% of the ratings are positive. The highest target price is €37 while the lowest target price is €22. The mean of all analyst targets is €29.04 with a 23.94% above today’s (€23.43) stock price. Deutsche Bank was the topic of 38 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Independent Research maintained shares on December 2 with “Hold” rating. Bankhaus Lampe upgraded shares to “Buy” rating and €32 target share price in a report from an October 29. Landesbank downgraded DBK stock in a recent report from November 14 to “Sell” rating. Warburg Research maintained the rating on October 28. Warburg Research has a “Hold” rating and a €29.50 price target on shares. Finally, DZ-Bank AG upgraded the stock to “Buy” rating in a report issued on an October 30.

The stock decreased 2.90% or EUR 0.7 on December 3, striking EUR 23.43. Approximately 10.30M shares of stock traded hands or 75.47% up from the average. Deutsche Bank AG (ETR:DBK) has risen 6.00% since November 4, 2015 and is uptrending. It has outperformed by 6.29% the S&P500.

Today UBS AG Reaffirms a

Deutsche Bank AG is a global investment bank, which offers a range of services and products in investment, corporate and retail banking, as well as in asset and wealth management. The company has a market cap of 32.32 billion EUR. The Group operates through five corporate divisions: Corporate Banking & Securities , Private & Business Clients (PBC), Global Transaction Banking (GTB), Deutsche Asset & Wealth Management (Deutsche AWM) and Non-Core Operations Unit (NCOU). It currently has negative earnings. CB&S consists of two business divisions, Corporate Finance and Markets, which offers a range of financial products.

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