Deutsche Bank Aktiengesellschaft (NYSE:DB) Receives Average Recommendation of “Hold” from Analysts

Deutsche Bank Aktiengesellschaft (NYSE:DB) has earned an average rating of “Hold” from the eleven research firms that are covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, five have issued a hold rating, four have given a buy rating and one has given a strong buy rating to the company.

A number of research analysts have issued reports on DB shares. Wall Street Zen upgraded Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note on Saturday, December 20th. Zacks Research downgraded Deutsche Bank Aktiengesellschaft from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Weiss Ratings reiterated a “buy (b)” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Wednesday, October 8th. Barclays raised shares of Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a research report on Friday, October 10th. Finally, Jefferies Financial Group started coverage on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, October 20th. They issued a “hold” rating for the company.

Hedge Funds Weigh In On Deutsche Bank Aktiengesellschaft

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Opal Wealth Advisors LLC bought a new stake in shares of Deutsche Bank Aktiengesellschaft in the 2nd quarter worth $25,000. Root Financial Partners LLC bought a new stake in Deutsche Bank Aktiengesellschaft in the 3rd quarter worth about $27,000. Salomon & Ludwin LLC increased its holdings in Deutsche Bank Aktiengesellschaft by 2,807.4% in the 3rd quarter. Salomon & Ludwin LLC now owns 785 shares of the bank’s stock worth $28,000 after buying an additional 758 shares in the last quarter. Triumph Capital Management purchased a new position in Deutsche Bank Aktiengesellschaft in the 3rd quarter worth about $32,000. Finally, Cary Street Partners Investment Advisory LLC lifted its stake in Deutsche Bank Aktiengesellschaft by 61.8% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 1,081 shares of the bank’s stock valued at $38,000 after acquiring an additional 413 shares during the period. 27.90% of the stock is owned by institutional investors.

Deutsche Bank Aktiengesellschaft Trading Down 0.6%

NYSE:DB opened at $38.57 on Friday. The firm has a market capitalization of $76.83 billion, a P/E ratio of 14.23, a PEG ratio of 0.41 and a beta of 0.96. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.78 and a quick ratio of 0.78. Deutsche Bank Aktiengesellschaft has a one year low of $16.97 and a one year high of $39.78. The company’s 50-day simple moving average is $36.69 and its 200 day simple moving average is $34.61.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last released its earnings results on Wednesday, October 29th. The bank reported $0.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.81 by $0.16. Deutsche Bank Aktiengesellschaft had a net margin of 7.99% and a return on equity of 5.97%. The firm had revenue of $9.44 billion during the quarter, compared to analyst estimates of $7.75 billion. As a group, analysts forecast that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current fiscal year.

Deutsche Bank Aktiengesellschaft Company Profile

Deutsche Bank Aktiengesellschaft is a global banking and financial services company headquartered in Frankfurt, Germany. Founded in 1870 to support German foreign trade, the firm has grown into a full-service bank offering a wide range of banking, advisory and transaction services to corporate, institutional, and private clients. Over its history the bank has expanded internationally and developed capabilities across capital markets, investment banking, retail and commercial banking, and wealth management.

The bank’s core business activities include corporate and investment banking—covering financing, advisory, sales and trading, and capital markets services—along with private & commercial banking for individual and small-to-medium enterprise clients.