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Deutsche Bank AG ( (DE:DBK) ) has issued an update.
Deutsche Bank AG recently held its Investor Deep Dive conference, where it released a media statement and presentations by senior officers. The bank uses different accounting standards for its financial reporting, employing the EU IFRS for non-U.S. purposes and IASB IFRS for U.S. reporting. The bank’s strategic initiatives and financial targets are based on these standards, with fair value hedge accounting used to manage interest rate exposure. The implications of these accounting practices on Deutsche Bank’s financial results, particularly concerning the EU carve-out, remain uncertain for the upcoming quarters.
The most recent analyst rating on (DE:DBK) stock is a Buy with a EUR35.00 price target. To see the full list of analyst forecasts on Deutsche Bank AG stock, see the DE:DBK Stock Forecast page.
More about Deutsche Bank AG
Deutsche Bank AG is a prominent financial institution operating in the banking industry, offering a range of services including investment banking, asset management, and corporate banking. It is headquartered in Frankfurt, Germany, and serves a global market with a significant focus on European and U.S. financial markets.
Average Trading Volume: 5,719,910
Technical Sentiment Signal: Buy
Current Market Cap: €60.9B
Learn more about DBK stock on TipRanks’ Stock Analysis page.