Deutsche Bank (DBK) Given a €7.50 Price Target at Royal Bank of Canada

Royal Bank of Canada set a €7.50 ($8.72) target price on Deutsche Bank (FRA:DBK) in a research note issued to investors on Thursday morning. The brokerage currently has a sell rating on the stock.

Several other research analysts also recently commented on the stock. Commerzbank set a €11.00 ($12.79) price target on shares of Deutsche Bank and gave the company a neutral rating in a report on Tuesday, October 23rd. Morgan Stanley set a €9.00 ($10.47) price target on shares of Deutsche Bank and gave the company a sell rating in a report on Wednesday, October 3rd. UBS Group set a €10.20 ($11.86) price target on shares of Deutsche Bank and gave the company a neutral rating in a report on Wednesday, October 24th. HSBC set a €11.00 ($12.79) price target on shares of Deutsche Bank and gave the company a neutral rating in a report on Tuesday, October 2nd. Finally, Goldman Sachs Group set a €11.00 ($12.79) price target on shares of Deutsche Bank and gave the company a neutral rating in a report on Tuesday, November 20th. Eleven equities research analysts have rated the stock with a sell rating and ten have given a hold rating to the stock. Deutsche Bank presently has a consensus rating of Sell and an average price target of €9.25 ($10.76).

DBK traded down €0.02 ($0.02) on Thursday, hitting €7.46 ($8.67). The company’s stock had a trading volume of 13,169,223 shares. Deutsche Bank has a 12 month low of €12.36 ($14.37) and a 12 month high of €18.49 ($21.50).

About Deutsche Bank

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 Deutsche Asset Management.

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