Frankfurt: Deutsche Bank (ETR:DBK) Stock Has Just Had Its “Hold” Rating Reiterated by Joh. Berenberg Gossler & Co. KG. Shares now Have a EUR 25.00 Target


Deutsche Bank (ETR:DBK) Rating Reaffirmed

Deutsche Bank (ETR:DBK) just had their share rating of a ‘”Hold”‘ issued by research analysts at Joh. Berenberg Gossler & Co. KG, who now has a EUR 25.00 price target on the 30.13B EUR market cap company or a 14.26% upside potential. This key information was announced to investors in a very recent research note on 18 December.

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 €28.54 with a 30.44% above today’s (€21.88) stock price. Deutsche Bank was the topic of 41 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Landesbank downgraded shares on December 16 to “Sell” rating. Bankhaus Lampe upgraded shares to “Buy” rating and €32 target share price in a report from an October 29. UBS maintained DBK stock in a recent report from December 4 with “Neutral” 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 increased 2.08% or EUR 0.44 on December 17, striking EUR 21.88. Approximately 9.68M shares of stock traded hands or 63.24% up from the average. Deutsche Bank AG (ETR:DBK) has risen 6.00% since November 18, 2015 and is uptrending. It has outperformed by 8.26% the S&P500.

Frankfurt: Deutsche Bank (ETR:DBK) Stock Has Just Had Its

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 30.13 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.