Deutsche Bank (FRA:DBK) PT Set at €6.90 by HSBC

HSBC set a €6.90 ($8.02) price target on Deutsche Bank (FRA:DBK) in a research note released on Tuesday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

Several other research analysts also recently weighed in on DBK. JPMorgan Chase & Co. reiterated a top pick rating on shares of in a report on Thursday, July 4th. Royal Bank of Canada reiterated a buy rating on shares of OceanaGold in a report on Friday, July 5th. Kepler Capital Markets reiterated a hold rating on shares of Continental in a report on Friday, June 28th. Credit Suisse Group raised shares of Laredo Petroleum from an underperform rating to a neutral rating and set a $2.83 price objective for the company in a research note on Tuesday. They noted that the move was a valuation call. Finally, Independent Research set a €13.00 ($15.12) price objective on shares of ThyssenKrupp and gave the company a neutral rating in a research note on Wednesday, July 3rd. Eight equities research analysts have rated the stock with a sell rating and eleven have given a hold rating to the company’s stock. Deutsche Bank presently has an average rating of Hold and a consensus target price of €7.29 ($8.48).

Shares of DBK opened at €6.76 ($7.86) on Tuesday. The company has a fifty day simple moving average of €6.39. Deutsche Bank has a fifty-two week low of €12.36 ($14.37) and a fifty-two week 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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