RBC Capital Maintains a Sell Rating on Deutsche Bank AG (DB)


In a report released today, Anke Reingen from RBC Capital maintained a Sell rating on Deutsche Bank AG (DB), with a price target of $7.50. The company’s shares opened today at $7.87, close to its 52-week low of $7.62.

Reingen has an average return of 19.1% when recommending Deutsche Bank AG.

According to TipRanks.com, Reingen is ranked #1208 out of 5181 analysts.

Currently, the analyst consensus on Deutsche Bank AG is a Moderate Sell with an average price target of $8.28, which is a 5.2% upside from current levels. In a report issued on April 26, Independent Research also maintained a Sell rating on the stock with a $7 price target.

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The company has a one-year high of $13.98 and a one-year low of $7.62. Currently, Deutsche Bank AG has an average volume of 5.07M.

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Deutsche Bank AG engages in the provision of corporate banking and investment services. It operates through the following segments: Corporate & Investment Bank (CIB); Private & Commercial Bank (PCB); and Deutsche Asset Management (Deutsche AM). The CIB segment refers to the corporate finance and global transaction banking businesses.

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