HSBC reaffirmed their hold rating on shares of Deutsche Bank AG (NYSE:DB) in a report issued on Wednesday morning.

A number of other equities research analysts also recently weighed in on DB. Barclays PLC downgraded Deutsche Bank AG from an overweight rating to an equal weight rating and lowered their price target for the company from $28.00 to $16.50 in a report on Thursday, June 9th. Vetr upgraded Deutsche Bank AG from a buy rating to a strong-buy rating and set a $18.16 price target for the company in a report on Monday, June 13th. Societe Generale restated a sell rating on shares of Deutsche Bank AG in a research note on Monday, June 13th. JPMorgan Chase & Co. downgraded Deutsche Bank AG from an overweight rating to a neutral rating in a research note on Monday, June 27th. Finally, DZ Bank AG restated a neutral rating on shares of Deutsche Bank AG in a research note on Monday, June 27th. Seven investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have given a buy rating to the stock. Deutsche Bank AG has an average rating of Hold and an average target price of $18.99.

Deutsche Bank AG (NYSE:DB) opened at 13.59 on Wednesday. The stock’s 50 day moving average price is $13.70 and its 200 day moving average price is $15.38. Deutsche Bank AG has a 1-year low of $11.19 and a 1-year high of $30.82. The firm’s market cap is $18.58 billion.

Several large investors have recently made changes to their positions in DB. Creative Planning increased its stake in shares of Deutsche Bank AG by 29.9% in the second quarter. Creative Planning now owns 7,392 shares of the company’s stock valued at $101,000 after buying an additional 1,700 shares in the last quarter. Burney Co. bought a new stake in shares of Deutsche Bank AG during the second quarter valued at approximately $138,000. Oppenheimer & Co. Inc. increased its stake in shares of Deutsche Bank AG by 18.9% in the second quarter. Oppenheimer & Co. Inc. now owns 12,582 shares of the company’s stock valued at $172,000 after buying an additional 2,000 shares in the last quarter. Private Advisor Group LLC bought a new stake in shares of Deutsche Bank AG during the second quarter valued at approximately $193,000. Finally, Rhumbline Advisers increased its stake in shares of Deutsche Bank AG by 0.5% in the second quarter. Rhumbline Advisers now owns 15,415 shares of the company’s stock valued at $212,000 after buying an additional 74 shares in the last quarter. 24.68% of the stock is owned by institutional investors and hedge funds.

About Deutsche Bank AG

Deutsche Bank AG is a global investment bank. The Bank is engaged in providing commercial and investment banking, retail banking, transaction banking and asset and wealth management products and services to corporations, governments, institutional investors, small and medium-sized businesses, and private individuals.

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