Shares of Deutsche Bank AG (NYSE:DB) have earned a consensus rating of “Hold” from the twenty-one analysts that are presently covering the stock. Six equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and one has issued a buy rating on the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $14.38.

A number of brokerages recently issued reports on DB. Bank of America Corp. set a $12.10 price objective on shares of Deutsche Bank AG and gave the company a “sell” rating in a report on Saturday, September 17th. DZ Bank AG reiterated a “neutral” rating on shares of Deutsche Bank AG in a report on Thursday, August 25th. HSBC reissued a “hold” rating on shares of Deutsche Bank AG in a research report on Wednesday, October 5th. Zacks Investment Research raised shares of Deutsche Bank AG from a “strong sell” rating to a “hold” rating in a research report on Wednesday, September 28th. Finally, Barclays PLC reissued a “neutral” rating on shares of Deutsche Bank AG in a research report on Monday, August 1st.

A number of institutional investors have recently modified their holdings of DB. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Deutsche Bank AG by 16.6% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,212,538 shares of the company’s stock valued at $16,603,000 after buying an additional 172,801 shares during the period. Ameriprise Financial Inc. boosted its position in shares of Deutsche Bank AG by 22.1% in the second quarter. Ameriprise Financial Inc. now owns 92,381 shares of the company’s stock valued at $1,269,000 after buying an additional 16,703 shares during the period. Deltec Asset Management LLC bought a new position in shares of Deutsche Bank AG during the second quarter valued at $2,650,000. Bank of Montreal Can bought a new position in shares of Deutsche Bank AG during the second quarter valued at $2,746,000. Finally, Oppenheimer & Co. Inc. boosted its position 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 during the period. Institutional investors and hedge funds own 24.77% of the company’s stock.

Deutsche Bank AG (NYSE:DB) opened at 16.19 on Wednesday. The firm has a 50-day moving average of $13.74 and a 200-day moving average of $14.79. Deutsche Bank AG has a 52 week low of $11.19 and a 52 week high of $26.61. The company’s market cap is $22.32 billion.

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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