Deutsche Bank AG (DB) Receives a Hold from Barclays

Barclays analyst Amit Goel 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 Thursday at $8.47, close to its 52-week low of $7.54.

According to TipRanks.com, Goel is ranked #7243 out of 7966 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Deutsche Bank AG with a $13.28 average price target, implying a 56.4% upside from current levels. In a report issued on July 12, Citigroup also maintained a Hold rating on the stock with a EUR11.00 price target.

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Deutsche Bank AG’s market cap is currently $16.98B and has a P/E ratio of 5.59.

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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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