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

Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) have received an average rating of “Hold” from the eleven analysts that are covering the company, Marketbeat.com reports. Six analysts have rated the stock with a hold rating and five have assigned a buy rating to the company.

A number of research firms have issued reports on DB. Weiss Ratings downgraded Deutsche Bank Aktiengesellschaft from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, May 6th. Citigroup upgraded Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a research note on Thursday, April 9th. Oddo Bhf upgraded Deutsche Bank Aktiengesellschaft to an “outperform” rating in a research note on Friday, May 8th. Wall Street Zen upgraded Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Finally, Barclays downgraded Deutsche Bank Aktiengesellschaft from an “overweight” rating to an “equal weight” rating in a research note on Monday, April 20th.

Deutsche Bank Aktiengesellschaft Price Performance

Shares of NYSE:DB opened at $33.49 on Wednesday. Deutsche Bank Aktiengesellschaft has a fifty-two week low of $27.13 and a fifty-two week high of $40.43. The business has a 50-day simple moving average of $31.23 and a two-hundred day simple moving average of $34.86. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.74 and a current ratio of 0.74. The firm has a market cap of $64.97 billion, a price-to-earnings ratio of 9.23, a price-to-earnings-growth ratio of 0.43 and a beta of 0.94.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last issued its earnings results on Wednesday, April 29th. The bank reported $1.24 earnings per share for the quarter, topping analysts’ consensus estimates of $1.15 by $0.09. Deutsche Bank Aktiengesellschaft had a return on equity of 7.69% and a net margin of 10.43%.The business had revenue of $10.04 billion during the quarter, compared to analyst estimates of $9.85 billion. On average, analysts expect that Deutsche Bank Aktiengesellschaft will post 4.02 earnings per share for the current year.

Institutional Investors Weigh In On Deutsche Bank Aktiengesellschaft

Large investors have recently made changes to their positions in the company. Root Financial Partners LLC bought a new stake in shares of Deutsche Bank Aktiengesellschaft during the 3rd quarter valued at about $27,000. Triumph Capital Management bought a new stake in shares of Deutsche Bank Aktiengesellschaft during the 3rd quarter valued at about $32,000. Cary Street Partners Investment Advisory LLC grew its stake in shares of 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. Geneos Wealth Management Inc. grew its stake in shares of Deutsche Bank Aktiengesellschaft by 178.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,376 shares of the bank’s stock valued at $40,000 after acquiring an additional 881 shares during the period. Finally, Westside Investment Management Inc. grew its stake in shares of Deutsche Bank Aktiengesellschaft by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 1,186 shares of the bank’s stock valued at $42,000 after acquiring an additional 593 shares during the period. 27.90% of the stock is currently owned by institutional investors.

About Deutsche Bank Aktiengesellschaft

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.