Deutsche Bank AG Receives a Sell from Credit Suisse

By Jason Carr

Credit Suisse analyst Jon Peace maintained a Sell rating on Deutsche Bank AG (NYSE: DB) on October 28. The company’s shares opened today at $14.54.

According to TipRanks.com, Peace is a 1-star analyst with an average return of -26.4% and a 0.0% success rate. Peace covers the Financial sector, focusing on stocks such as Societe Generale, Credit Agricole, and BNP Paribas.

Deutsche Bank AG has an analyst consensus of Moderate Sell.

The company has a one year high of $28.82 and a one year low of $11.19. Currently, Deutsche Bank AG has an average volume of 8.8M.

Deutsche Bank AG provides corporate banking and investment services. It operates through the following segments: Corporate Banking and Securities (CB&S), Global Transaction Banking (GTB), Asset and Wealth Management (AWM), Private and Business Clients (PBC) and Non-Core Operations Unit (NCOU). The CB&S segment engages in the selling, trading and structuring of financial market products and is responsible for mergers and acquisitions, including advisory debt and equity issuance. The GTB segment provides domestic and cross-border payments, risk mitigation, international trade finance, trust, agency, depositary, custody and related services. The AWM segment offers traditional, alternative investment products, and tailored wealth management products and services to individuals and families. The PBC segment provides banking services, such as current accounts, deposits, loans, investment management, and pension products to private individuals, self-employed clients, and small and medium-sized businesses. The NCOU segment bundles assets and liabilities with a view to accelerating the de-risking process. The company was founded by Adelbert Delbrueck on March 10, 1870 and is headquartered in Frankfurt am Main, Germany.