HSBC Analysts Give Deutsche Bank (DBK) a €8.50 Price Target

Deutsche Bank (FRA:DBK) has been assigned a €8.50 ($9.88) target price by stock analysts at HSBC in a research note issued on Wednesday. The firm presently has a “neutral” rating on the stock. HSBC’s price target would indicate a potential upside of 8.72% from the stock’s previous close.

Several other brokerages also recently weighed in on DBK. Goldman Sachs Group set a €11.50 ($13.37) price objective on Deutsche Bank and gave the stock a “neutral” rating in a research report on Thursday, October 18th. Credit Suisse Group set a €10.00 ($11.63) price objective on Deutsche Bank and gave the stock a “neutral” rating in a research report on Wednesday, October 17th. Royal Bank of Canada set a €8.00 ($9.30) price objective on Deutsche Bank and gave the stock a “sell” rating in a research report on Tuesday, October 9th. Commerzbank set a €11.00 ($12.79) price objective on Deutsche Bank and gave the stock a “neutral” rating in a research report on Tuesday, October 23rd. Finally, Berenberg Bank set a €8.00 ($9.30) price objective on Deutsche Bank and gave the stock a “sell” rating in a research report on Friday, November 2nd. Ten equities research analysts have rated the stock with a sell rating and ten have assigned a hold rating to the company. The stock currently has an average rating of “Hold” and an average price target of €8.17 ($9.50).

Shares of DBK stock opened at €7.82 ($9.09) on Wednesday. Deutsche Bank has a twelve month low of €12.36 ($14.37) and a twelve 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.

Further Reading: Quiet Period

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