Deutsche Bank AG (DB) Gets a Hold Rating from Goldman Sachs

By Carrie Williams

In a report released today, Jernej Omahen from Goldman Sachs maintained a Hold rating on Deutsche Bank AG (DBResearch Report), with a price target of $7.80. The company’s shares opened today at $7.95.

According to TipRanks.com, Omahen is ranked #1931 out of 5247 analysts.

Deutsche Bank AG has an analyst consensus of Moderate Sell, with a price target consensus of $7.67, which is a -3.5% downside from current levels. In a report issued on July 12, UBS also upgraded the stock to Hold.

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The company has a one-year high of $13.17 and a one-year low of $6.61. Currently, Deutsche Bank AG has an average volume of 5.4M.

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Deutsche Bank AG engages in the provision of corporate banking and investment services. It operates through the following segments: Corporate & Investment Bank (CIB); Private & Commercial Bank (PCB); and Deutsche Asset Management (Deutsche AM). The CIB segment refers to the corporate finance and global transaction banking businesses.