Deutsche Bank AG (NYSE:DB) was upgraded by research analysts at HSBC Holdings plc to a “buy” rating in a research report issued on Tuesday.

A number of other equities analysts also recently commented on the company. ValuEngine downgraded Deutsche Bank AG from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Credit Suisse Group AG upgraded Deutsche Bank AG from an “underperform” rating to a “neutral” rating in a report on Tuesday, September 5th. DZ Bank AG reiterated a “buy” rating on shares of Deutsche Bank AG in a report on Thursday, October 26th. Macquarie downgraded Deutsche Bank AG from an “outperform” rating to a “neutral” rating and set a $18.03 price target on the stock. in a report on Friday, July 28th. Finally, Zacks Investment Research downgraded Deutsche Bank AG from a “buy” rating to a “strong sell” rating in a report on Thursday, September 7th. Four equities research analysts have rated the stock with a sell rating, five have given a hold rating, five have given a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $19.26.

Deutsche Bank AG (NYSE:DB) traded down $0.01 during trading hours on Tuesday, reaching $17.93. The company had a trading volume of 4,344,500 shares, compared to its average volume of 5,331,565. Deutsche Bank AG has a 12-month low of $15.09 and a 12-month high of $20.94. The firm has a market capitalization of $37,077.91, a P/E ratio of 12.04 and a beta of 1.37. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 2.35.

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Several institutional investors and hedge funds have recently bought and sold shares of DB. Capital World Investors boosted its position in shares of Deutsche Bank AG by 82.3% in the second quarter. Capital World Investors now owns 23,884,260 shares of the bank’s stock valued at $423,513,000 after acquiring an additional 10,784,260 shares during the period. DekaBank Deutsche Girozentrale boosted its position in shares of Deutsche Bank AG by 33.9% in the second quarter. DekaBank Deutsche Girozentrale now owns 27,368,588 shares of the bank’s stock valued at $491,602,000 after acquiring an additional 6,923,038 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Deutsche Bank AG by 227.9% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,351,833 shares of the bank’s stock valued at $40,676,000 after acquiring an additional 1,634,532 shares during the period. The Manufacturers Life Insurance Company bought a new stake in shares of Deutsche Bank AG in the second quarter valued at approximately $27,950,000. Finally, Capital Research Global Investors bought a new stake in shares of Deutsche Bank AG in the second quarter valued at approximately $22,342,000. 22.21% of the stock is owned by institutional investors.

Deutsche Bank AG Company Profile

Analyst Recommendations for Deutsche Bank AG (NYSE:DB)

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