DZ Bank Reaffirms “Buy” Rating for Deutsche Bank (DB)
Deutsche Bank (NYSE:DB)‘s stock had its “buy” rating reaffirmed by equities research analysts at DZ Bank in a note issued to investors on Monday.
A number of other research analysts have also recently weighed in on the stock. ValuEngine upgraded shares of Deutsche Bank from a “hold” rating to a “buy” rating in a research report on Monday, December 4th. Zacks Investment Research upgraded shares of Deutsche Bank from a “strong sell” rating to a “hold” rating in a research report on Monday, November 6th. HSBC cut shares of Deutsche Bank from a “buy” rating to a “hold” rating in a research report on Monday, January 8th. upgraded shares of Deutsche Bank from a “hold” rating to a “buy” rating and boosted their price objective for the company from $17.93 to $18.20 in a research report on Tuesday, November 14th. Finally, UBS Group reiterated a “neutral” rating on shares of Deutsche Bank in a research report on Monday, December 11th. Five analysts have rated the stock with a sell rating, nine have given a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $18.08.
Shares of Deutsche Bank (NYSE:DB) opened at $16.52 on Monday. Deutsche Bank has a 1 year low of $15.59 and a 1 year high of $20.71. The firm has a market cap of $35,440.00, a price-to-earnings ratio of -41.30, a P/E/G ratio of 2.88 and a beta of 1.23. The company has a debt-to-equity ratio of 2.35, a current ratio of 0.84 and a quick ratio of 0.84.
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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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