Berenberg Bank analyst Peter Richardson maintained a Sell rating on Deutsche Bank AG (DB) on October 16 and set a price target of EUR5.00. The company’s shares closed last Friday at $9.25.
According to TipRanks.com, Richardson is ranked #6440 out of 7017 analysts.
Deutsche Bank AG has an analyst consensus of Moderate Sell, with a price target consensus of $8.08, implying a -11.2% downside from current levels. In a report issued on October 2, Kepler Capital also downgraded the stock to Sell with a EUR7.00 price target.
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The company has a one-year high of $11.16 and a one-year low of $4.99. Currently, Deutsche Bank AG has an average volume of 3.64M.
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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. The PCB segment consists of the Postbank; Private & Commercial Clients Germany; Private & Commercial Clients International; and Wealth Management business units. The Deutsche AM offers investment management services. The company was founded by Adelbert Delbrueck on March 10, 1870 and is headquartered in Frankfurt am Main, Germany.
