Deutsche Bank (FRA:DBK) Stock Passes Above Two Hundred Day Moving Average of $7.07

Shares of Deutsche Bank AG (FRA:DBK) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $7.07 and traded as high as $6.53. Deutsche Bank shares last traded at $6.47, with a volume of 12,410,051 shares.

Several research analysts have weighed in on the company. Nord/LB set a €7.10 ($8.26) target price on Deutsche Bank and gave the stock a “neutral” rating in a report on Thursday, July 25th. Credit Suisse Group set a €6.00 ($6.98) target price on Deutsche Bank and gave the stock a “sell” rating in a report on Thursday, July 25th. Berenberg Bank set a €6.00 ($6.98) target price on Deutsche Bank and gave the stock a “sell” rating in a report on Monday, July 8th. HSBC set a €6.30 ($7.33) target price on Deutsche Bank and gave the stock a “neutral” rating in a report on Thursday, August 15th. Finally, Royal Bank of Canada set a €7.00 ($8.14) target price on Deutsche Bank and gave the stock a “sell” rating in a report on Wednesday, July 24th. Seven analysts have rated the stock with a sell rating and eleven have issued a hold rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of €7.19 ($8.37).

The business has a fifty day moving average price of €6.77 and a 200 day moving average price of €7.07.

Deutsche Bank Company Profile (FRA:DBK)

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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