Deutsche Bank (ETR:DBK) “Hold” Rating Has Been Maintained Today By Independent Research GmbH; The PT Provided Is EUR 23.00

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Deutsche Bank (ETR:DBK) Rating Reaffirmed

Deutsche Bank (ETR:DBK) just had their share rating of a ‘”Hold”‘ issued by research analysts at Independent Research GmbH, who now has a EUR 23.00 target PPS on the 28.65 billion EUR market cap company or a 10.74% upside potential. This key information was revealed in recent note on Tuesday morning.

From a total of 15 analysts covering Deutsche Bank (ETR:DBK) stock, 5 rate it a ”Buy”, 2 a “Sell”, and 8 a ”Hold”. This means that 33% 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 €28.82 with a 38.76% above today’s (€20.77) stock price. Deutsche Bank was the topic of 39 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. UBS maintained shares on December 4 with “Neutral” rating. Bankhaus Lampe upgraded shares to “Buy” rating and €32 target share price in a report from an October 29. Societe Generale downgraded DBK stock in a recent report from November 21 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, Kepler Cheuvreux upgraded the stock to “Buy” rating in a report issued on an October 31.

The stock decreased 2.21% or EUR 0.47 on December 14, striking EUR 20.77. Approximately 9.16M shares of stock traded hands or 59.30% up from the average. Deutsche Bank AG (ETR:DBK) has risen 6.00% since November 15, 2015 and is uptrending. It has outperformed by 10.42% the S&P500.

Deutsche Bank (ETR:DBK)

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 28.65 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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