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.

A number of hedge funds have recently bought and sold shares of DB. LMR Partners LLP boosted its stake in shares of Deutsche Bank by 247.3% during the fourth quarter. LMR Partners LLP now owns 3,722,717 shares of the bank’s stock valued at $70,947,000 after purchasing an additional 2,650,878 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Deutsche Bank by 227.9% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,351,833 shares of the bank’s stock valued at $40,676,000 after purchasing an additional 1,634,532 shares during the period. The Manufacturers Life Insurance Company purchased a new stake in shares of Deutsche Bank during the second quarter valued at $27,950,000. Bank of Montreal Can boosted its stake in shares of Deutsche Bank by 318.5% during the fourth quarter. Bank of Montreal Can now owns 2,035,105 shares of the bank’s stock valued at $38,727,000 after purchasing an additional 1,548,873 shares during the period. Finally, Engineers Gate Manager LP purchased a new stake in shares of Deutsche Bank during the third quarter valued at $5,262,000. Institutional investors and hedge funds own 21.00% of the company’s stock.

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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.

Analyst Recommendations for Deutsche Bank (NYSE:DB)

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