Deutsche Bank AG (DB) Receives a Hold from J.P. Morgan


J.P. Morgan analyst Kian Abouhossein maintained a Hold rating on Deutsche Bank AG (DB) yesterday and set a price target of EUR11.00. The company’s shares closed last Thursday at $14.12.

According to TipRanks.com, Abouhossein is ranked #1109 out of 7489 analysts.

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Deutsche Bank AG with a $11.91 average price target, which is a -14.1% downside from current levels. In a report issued on April 14, UBS also maintained a Hold rating on the stock with a EUR9.30 price target.

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The company has a one-year high of $13.75 and a one-year low of $6.25. Currently, Deutsche Bank AG has an average volume of 3.69M.

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Founded in 1870, Germany-based Deutsche Bank AG provides investment, financial, and related products and services to private individuals, corporate entities, and institutional clients worldwide. It operates through the following divisions: Corporate Bank, Investment Bank, Private Bank and Asset Management.

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