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Kepler Capital Upgrades Deutsche Bank AG (DB) to Buy

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Kepler Capital analyst Nicolas Payen upgraded Deutsche Bank AG (DBResearch Report) to Buy on March 3 and set a price target of EUR15.50. The company’s shares closed last Friday at $9.98.

According to TipRanks.com, Payen is ranked #1977 out of 7782 analysts.

Currently, the analyst consensus on Deutsche Bank AG is a Moderate Buy with an average price target of $14.97.

See Insiders’ Hot Stocks on TipRanks >>

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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