Deutsche Bank (DB) Stock Rating Reaffirmed by HSBC
Deutsche Bank (NYSE:DB)‘s stock had its “hold” rating reissued by analysts at HSBC in a research note issued to investors on Tuesday.
Several other equities research analysts also recently weighed in on the company. Morgan Stanley reaffirmed a “sell” rating on shares of Deutsche Bank in a research report on Tuesday, November 27th. UBS Group reaffirmed a “neutral” rating on shares of Deutsche Bank in a research report on Wednesday, January 16th. Barclays set a $8.00 target price on Deutsche Bank and gave the stock a “sell” rating in a research report on Tuesday, November 20th. ValuEngine raised Deutsche Bank from a “strong sell” rating to a “sell” rating in a research report on Wednesday, January 2nd. Finally, Royal Bank of Canada reaffirmed a “sell” rating on shares of Deutsche Bank in a research report on Saturday, February 2nd. Nine research analysts have rated the stock with a sell rating and ten have given a hold rating to the company. Deutsche Bank presently has an average rating of “Hold” and a consensus price target of $11.00.
Shares of NYSE DB opened at $8.78 on Tuesday. Deutsche Bank has a 1-year low of $7.62 and a 1-year high of $14.97. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 2.28. The stock has a market capitalization of $19.14 billion, a PE ratio of -14.63 and a beta of 1.37.
Deutsche Bank Company Profile
Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services to private individuals, corporate entities, and institutional clients worldwide. It operates through three segments: Corporate & Investment Bank (CIB), Private & Commercial Bank (PCB), and Deutsche Asset Management.
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