In a report released today, Jon Peace from Credit Suisse maintained a Sell rating on Deutsche Bank AG (DB – Research Report), with a price target of EUR11.00. The company’s shares closed yesterday at $12.58.
According to TipRanks, Peace is ranked #938 out of 8278 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Deutsche Bank AG with a $15.82 average price target.
See Insiders’ Hot Stocks on TipRanks >>
Based on Deutsche Bank AG’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $6.82 billion and a net profit of $1.21 billion. In comparison, last year the company earned a revenue of $6.05 billion and had a net profit of $306 million
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
Read More on DB:
- Deutsche Bank (NYSE:DB) Stock Tanks Despite Record Q4 Revenues
- Deutsche Bank raises prime lending rate to 7.75%
- Deutsche Bank to cut investment banking bonus pool by 40%, FT reports
- Lottomatica picks banks for potential IPO, Reuters reports
- Deutsche Bank price target raised to EUR 12.50 from EUR 11.50 at Barclays
