Deutsche Bank (FRA:DBK) Given a €6.90 Price Target at HSBC
HSBC set a €6.90 ($8.02) price objective on Deutsche Bank (FRA:DBK) in a research report sent to investors on Tuesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
A number of other equities analysts also recently weighed in on DBK. Nord/LB set a €45.00 ($52.33) target price on shares of Draegerwerk AG & Co KGaA and gave the stock a neutral rating in a research note on Friday, April 26th. Kepler Capital Markets reissued a hold rating on shares of Continental in a research note on Friday, June 28th. Royal Bank of Canada reissued a buy rating on shares of OceanaGold in a research note on Friday, July 5th. Barclays lifted their target price on shares of from GBX 200 ($2.61) to GBX 210 ($2.74) and gave the stock an equal weight rating in a research note on Friday, June 21st. Finally, Credit Suisse Group raised shares of Laredo Petroleum from an underperform rating to a neutral rating and set a $2.83 target price for the company in a research note on Tuesday. They noted that the move was a valuation call. Eight investment analysts have rated the stock with a sell rating and eleven have given a hold rating to the stock. The stock currently has a consensus rating of Hold and a consensus price target of €7.29 ($8.48).
Shares of FRA DBK opened at €6.71 ($7.80) on Tuesday. Deutsche Bank has a twelve month low of €12.36 ($14.37) and a twelve month high of €18.49 ($21.50). The business’s fifty day moving average price is €6.38.
Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services to private individuals, corporate entities, and institutional clients worldwide. It operates through three segments: Corporate & Investment Bank (CIB), Private & Commercial Bank (PCB), and Asset Management.
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