In a report released yesterday, Christoffer Adams from Kepler Capital upgraded Deutsche Bank AG (DB) to Hold, with a price target of EUR4.00. The company’s shares closed last Monday at $6.58.
According to TipRanks.com, Adams has currently no stars on a ranking scale of 0-5 stars, with an average return of -18.9% and a 28.0% success rate. Adams covers the Financial sector, focusing on stocks such as SpareBank 1 Nord-Norge, Erste Group Bank AG, and Helgeland Sparebank.
Currently, the analyst consensus on Deutsche Bank AG is a Moderate Sell with an average price target of $5.65.
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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 8.32M.
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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.
