Goldman Sachs Sticks to Their Buy Rating for Deutsche Bank AG (DB)

In a report released today, Chris Hallam from Goldman Sachs maintained a Buy rating on Deutsche Bank AG (DBResearch Report), with a price target of EUR16.90. The company’s shares opened today at $12.44.

According to TipRanks, Hallam is ranked #408 out of 8175 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Deutsche Bank AG with a $14.99 average price target, a 20.50% upside from current levels. In a report released today, Warburg Research also maintained a Buy rating on the stock with a EUR16.80 price target.

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DB market cap is currently $25.96B and has a P/E ratio of 6.63.

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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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