Deutsche Bank (DBK) Given a €10.20 Price Target by UBS Group Analysts

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Deutsche Bank (FRA:DBK) has been assigned a €10.20 ($11.86) price objective by equities research analysts at UBS Group in a report released on Thursday, October 4th, www.boersen-zeitung.de reports. The firm presently has a “neutral” rating on the stock. UBS Group’s price target suggests a potential upside of 8.56% from the company’s previous close.

Several other brokerages have also weighed in on DBK. Barclays set a €8.00 ($9.30) price objective on shares of Deutsche Bank and gave the stock a “sell” rating in a report on Monday, August 6th. HSBC set a €12.00 ($13.95) price objective on shares of Deutsche Bank and gave the stock a “neutral” rating in a report on Thursday, August 9th. Morgan Stanley set a €9.00 ($10.47) price objective on shares of Deutsche Bank and gave the stock a “sell” rating in a report on Friday, August 10th. Credit Suisse Group set a €11.00 ($12.79) price objective on shares of Deutsche Bank and gave the stock a “neutral” rating in a report on Thursday, July 26th. Finally, JPMorgan Chase & Co. set a €11.00 ($12.79) target price on shares of Deutsche Bank and gave the stock a “neutral” rating in a research report on Wednesday, July 25th. Twelve analysts have rated the stock with a sell rating, eight have issued a hold rating and three have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of €10.63 ($12.36).

Shares of DBK stock opened at €9.40 ($10.93) on Thursday. Deutsche Bank has a 1-year low of €12.36 ($14.37) and a 1-year 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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