Deutsche Bank AG (DBK) Given Average Recommendation of "Hold" by Brokerages

Many other financial stock experts also quite recently weighed in on DTE. Nord/LB set a €34.00 ($40.00) price target on shares of Deutsche Post AG and gave the company a neutral rating in a research note on Friday, May 12th. Berenberg Bank set a €17.40 ($20.47) price target on shares of Deutsche Telekom AG and gave the stock a neutral rating in a research note on Thursday, April 27th.

Sanford C. Bernstein fixed a €16.45 ($19.35) price objective on Deutsche Telekom AG (FRA:DTE) in a study report released on Wednesday morning. Macquarie set a €17.50 ($20.59) price objective on Deutsche Bank AG and gave the company a "buy" rating in a research note on Monday, April 24th. The firm now has a sell rating on the stock.

UBS AG set a €18.20 ($21.41) target price on Deutsche Telekom AG (FRA:DTE) in a research note issued to investors on Friday morning. Citigroup Inc. set a €17.00 ($20.00) target price on shares of Deutsche Telekom AG and gave the company a "neutral" rating in a research note on Thursday, May 11th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and fourteen have issued a buy rating to the company's stock. The company presently has a consensus rating of Buy and an average target price of €35.48 ($41.74).

Shares of Deutsche Bank AG (FRA:DBK) opened at 14.295 on Tuesday. 173,706 shares of the stock were exchanged. Company's 50 day SMA price is €15.88 and its 200 SMA price is €16.34. The company has a market cap of €41.50 billion and a P/E ratio of 15.855.

TRADEMARK VIOLATION NOTICE: This story was published by BBNS and is the sole property of of BBNS. The Company diversifies its activities into three group divisions: Corporate & Investment Bank (CIB); Private Clients and Asset Management (PCAM), and Corporate Investments (CI).

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