Deutsche Bank (FRA:DBK) PT Set at €6.60 by UBS Group

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UBS Group set a €6.60 ($7.67) price objective on Deutsche Bank (FRA:DBK) in a research note published on Friday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

Several other research firms also recently commented on DBK. Barclays upped their price objective on shares of from GBX 200 ($2.61) to GBX 210 ($2.74) and gave the company an equal weight rating in a report on Friday, June 21st. Berenberg Bank set a €6.00 ($6.98) price target on shares of Deutsche Bank and gave the stock a sell rating in a report on Monday, July 8th. Bank of America reissued a sell rating on shares of Deutsche Bank in a report on Monday, July 8th. Kepler Capital Markets reissued a hold rating on shares of Continental in a report on Friday, June 28th. Finally, Independent Research set a €7.25 ($8.43) price target on shares of Deutsche Bank and gave the stock a neutral rating in a report on Tuesday, July 9th. Eight research analysts have rated the stock with a sell rating and eleven have given a hold rating to the company. The company presently has a consensus rating of Hold and a consensus price target of €7.29 ($8.48).

DBK stock opened at €6.89 ($8.01) on Friday. The company has a fifty day simple moving average of €6.42. Deutsche Bank has a 12 month low of €12.36 ($14.37) and a 12 month high of €18.49 ($21.50).

About Deutsche Bank

Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services to private individuals, corporate entities, and institutional clients worldwide. It operates through three segments: Corporate & Investment Bank (CIB), Private & Commercial Bank (PCB), and Asset Management.

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