Deutsche Bank AG (DB) received a Sell rating and a EUR7.00 price target from Kepler Capital analyst Benoit Petrarque on November 25. The company’s shares closed last Thursday at $11.17, close to its 52-week high of $12.15.
According to TipRanks.com, Petrarque is a 5-star analyst with an average return of 20.1% and a 81.8% success rate. Petrarque covers the Financial sector, focusing on stocks such as SpareBank 1 Nord-Norge, Helgeland Sparebank, and Erste Group Bank AG.
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Deutsche Bank AG with a $10.73 average price target, representing a -5.1% downside. In a report issued on November 20, RBC Capital also maintained a Sell rating on the stock with a EUR9.00 price target.
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Deutsche Bank AG’s market cap is currently $23.06B and has a P/E ratio of 138.90. The company has a Price to Book ratio of 0.36.
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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.
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