Somewhat Favorable News Coverage Somewhat Unlikely to Affect Deutsche Bank (DB) Share Price
News stories about Deutsche Bank (NYSE:DB) have been trending somewhat positive on Sunday, according to Accern Sentiment. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Deutsche Bank earned a news impact score of 0.12 on Accern’s scale. Accern also gave media headlines about the bank an impact score of 44.3392175143505 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the media headlines that may have effected Accern Sentiment Analysis’s rankings:
- DEUTSCHE BANK AG LONDON – Notice … – BusinessLIVE – Business Day (businesslive.co.za)
- Wall Street Analysts’ Views on Praxair ahead of 4Q17 Earnings (finance.yahoo.com)
- Trump’s Fed Pick Powell Says He’d Hold Deutsche Bank Accountable (finance.yahoo.com)
- Vale, Newmont downgraded at Deutsche Bank; steel outlook bullish (seekingalpha.com)
- Deutsche Bank Is in Talks to Sell Indian Retail Unit (finance.yahoo.com)
Shares of Deutsche Bank (DB) traded up $0.25 during trading hours on Friday, hitting $18.78. 2,981,295 shares of the stock traded hands, compared to its average volume of 3,334,126. The firm has a market cap of $38,814.00, a PE ratio of -30.29, a PEG ratio of 3.17 and a beta of 1.43. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 2.35. Deutsche Bank has a one year low of $15.59 and a one year high of $20.94.
A number of analysts have issued reports on the stock. HSBC downgraded shares of Deutsche Bank from a “buy” rating to a “hold” rating in a report on Monday, January 8th. Citigroup reissued a “sell” rating on shares of Deutsche Bank in a report on Tuesday, December 19th. UBS Group reissued a “neutral” rating on shares of Deutsche Bank in a report on Monday, December 11th. DZ Bank restated a “buy” rating on shares of Deutsche Bank in a research report on Thursday, December 7th. Finally, Goldman Sachs Group restated a “neutral” rating on shares of Deutsche Bank in a research report on Tuesday, December 5th. Five analysts have rated the stock with a sell rating, eight have given a hold rating and three have given a buy rating to the company. Deutsche Bank currently has an average rating of “Hold” and a consensus target price of $18.08.
About Deutsche Bank
Deutsche Bank AG is a bank and holding company for its subsidiaries. The Company offers a range of investment, financial and related products and services to private individuals, corporate entities and institutional clients. It operates through six divisions: Global Markets, which offers financial products, including trading and hedging services to institutions and corporate clients; Corporate & Investment Banking, which brings together its commercial banking, corporate finance and transaction banking capability; Private, Wealth and Commercial Clients, which combines its capability in private and commercial banking, as well as in wealth management solutions; Deutsche Asset Management, whose investment capabilities span both active and passive strategies and an array of asset classes, including equities, fixed income, real estate and sustainable investments; Postbank, which is a German financial service provider for retail, business and corporate clients, and Non-Core Operations Unit.
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