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J.P. Morgan Remains a Buy on Deutsche Bank AG (DB)

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In a report released yesterday, Kian Abouhossein from J.P. Morgan maintained a Buy rating on Deutsche Bank AG (DBResearch Report), with a price target of EUR15.00. The company’s shares closed last Thursday at $12.65.

According to TipRanks.com, Abouhossein is a 5-star analyst with an average return of 15.3% and a 60.0% success rate. Abouhossein covers the Financial sector, focusing on stocks such as Goldman Sachs Group, Morgan Stanley, and UBS Group AG.

Currently, the analyst consensus on Deutsche Bank AG is a Moderate Buy with an average price target of $14.98, representing a 15.7% upside. In a report issued on March 18, UBS also maintained a Buy rating on the stock with a EUR15.30 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 6.73M.

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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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