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Morgan Stanley Keeps Their Hold Rating on Deutsche Bank AG (DB)

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Morgan Stanley analyst Magdalena Stoklosa maintained a Hold rating on Deutsche Bank AG (DBResearch Report) today and set a price target of EUR15.40. The company’s shares closed last Monday at $15.63.

According to TipRanks.com, Stoklosa is ranked #4283 out of 7791 analysts.

Currently, the analyst consensus on Deutsche Bank AG is a Moderate Buy with an average price target of $15.34, which is a -2.7% downside from current levels. In a report issued on January 31, Barclays also maintained a Hold rating on the stock with a EUR12.50 price target.

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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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