RBC Capital Sticks to Its Buy Rating for Deutsche Bank AG (DB)
In a report released today, Anke Reingen from RBC Capital maintained a Buy rating on Deutsche Bank AG, with a price target of €38.00.
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Reingen covers the Financial sector, focusing on stocks such as UBS Group AG, Deutsche Bank AG, and Credit Agricole. According to TipRanks, Reingen has an average return of 18.5% and a 69.93% success rate on recommended stocks.
In addition to RBC Capital, Deutsche Bank AG also received a Buy from Barclays’s Flora Bocahut in a report issued on March 10. However, on March 2, Kepler Capital maintained a Hold rating on Deutsche Bank AG (NYSE: DB).
DB market cap is currently €50.83B and has a P/E ratio of 9.34.
Based on the recent corporate insider activity of 21 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of DB in relation to earlier this year.
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