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MarketScreener Homepage  >  Equities  >  Xetra  >  Deutsche Bank AG    DBK   DE0005140008

DEUTSCHE BANK AG

(DBK)
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Deutsche Bank : in Talks With Tata Consultancy Services to Sell Tech-Services Business -Bloomberg

10/22/2020 | 04:09am EST

-- Tata Consultancy Services is in advanced talks to buy Deutsche Bank's technology-services unit Postbank Systems AG, Bloomberg reports, citing unnamed sources.

--The sale of the business, which employs 1,400 people, would help the bank achieve its job-cuts target.

-- The discussions could see the Indian software company acquire the business by the end of the year, Bloomberg reports, adding that negotiations could yet fail.

--The companies didn't immediately reply to requests for comments.

Full story: https://bloom.bg/3jsOcmR

Write to Barcelona editors at barcelonaeditors@dowjones.com

(END) Dow Jones Newswires

10-22-20 0408ET

Stocks mentioned in the article
ChangeLast1st jan.
DEUTSCHE BANK AG 2.32% 9.751 Delayed Quote.37.78%
TATA CONSULTANCY SERVICES 0.40% 2720.4 Delayed Quote.27.19%
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Financials
Sales 2020 23 818 M 28 922 M 28 922 M
Net income 2020 -360 M -437 M -437 M
Net cash 2020 34 913 M 42 395 M 42 395 M
P/E ratio 2020 -94,0x
Yield 2020 -
Capitalization 20 131 M 24 460 M 24 445 M
EV / Sales 2020 -0,62x
EV / Sales 2021 -0,95x
Nbr of Employees 86 984
Free-Float 92,5%
Chart DEUTSCHE BANK AG
Duration : Period :
Deutsche Bank AG Technical Analysis Chart | DBK | DE0005140008 | MarketScreener
Technical analysis trends DEUTSCHE BANK AG
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 23
Average target price 7,20 €
Last Close Price 9,75 €
Spread / Highest target 2,55%
Spread / Average Target -26,2%
Spread / Lowest Target -59,0%
EPS Revisions
Managers
NameTitle
Christian Sewing Chief Executive Officer
Karl von Rohr President
Paul Achleitner Chairman-Supervisory Board
Frank Kuhnke Chief Operating Officer
James von Moltke Chief Financial Officer
Sector and Competitors