Deutsche Bank AG (DB – Research Report) received a Buy rating and a EUR15.50 price target from Kepler Capital analyst Nicolas Payen on March 10. The company’s shares closed last Friday at $10.25, close to its 52-week low of $9.46.
According to TipRanks.com, Payen is ranked #2254 out of 7793 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Deutsche Bank AG with a $14.57 average price target, implying a 35.9% upside from current levels. In a report issued on March 10, J.P. Morgan also maintained a Buy rating on the stock with a EUR16.00 price target.
Based on Deutsche Bank AG’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $6.05 billion and net profit of $306 million. In comparison, last year the company earned revenue of $5.92 billion and had a net profit of $278 million.
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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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