Deutsche Bank AG (DB) Gets a Hold Rating from Berenberg Bank

Berenberg Bank analyst Eoin Mullany maintained a Hold rating on Deutsche Bank AG (DBResearch Report) yesterday and set a price target of EUR11.00. The company’s shares closed last Tuesday at $11.37.

According to TipRanks.com, Mullany is a 1-star analyst with an average return of -1.9% and a 48.0% success rate. Mullany covers the Financial sector, focusing on stocks such as Intercontinental Exchange, Goldman Sachs Group, and Morgan Stanley.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Deutsche Bank AG with a $14.42 average price target, representing a 27.3% upside. In a report issued on March 11, Citigroup also upgraded the stock to Hold with a EUR11.00 price target.

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The company has a one-year high of $16.70 and a one-year low of $9.46. Currently, Deutsche Bank AG has an average volume of 6.1M.

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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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