RBC Capital Stick to Their Sell Rating for Deutsche Bank Ag
RBC Capital analyst Anke Reingen maintained a Sell rating on Deutsche Bank (DE:DBKGn) Ag on Thursday, setting a price target of EUR9, which is approximately 3.46% above the present share price of $10.41.
Reingen expects Deutsche Bank Ag to post earnings per share (EPS) of $0.14 for the first quarter of 2021.
The current consensus among 14 TipRanks analysts is for a Moderate Sell rating of shares in Deutsche Bank AG (NYSE:DB), with an average price target of $10.26.
The analysts price targets range from a high of $15.56 to a low of $8.14.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $5.93 billion and a net profit of $0. The company's market cap is $21.49 billion.
According to TipRanks.com, RBC Capital analyst Anke Reingen is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 5.0% and a 53.85% success rate.
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. The PCB segment consists of the Postbank; Private & Commercial Clients Germany; Private & Commercial Clients International; and Wealth Management business units. The Deutsche AM offers investment management services. The company was founded by Adelbert Delbrueck on March 10, 1870 and is headquartered in Frankfurt am Main, Germany.