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

Deutsche Bank Aktiengesellschaft (NYSE:DB) has earned an average recommendation of “Hold” from the eleven analysts that are presently covering the firm, Marketbeat reports. Seven research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $43.00.

Several research analysts have recently issued reports on DB shares. Barclays downgraded shares of Deutsche Bank Aktiengesellschaft from an “overweight” rating to an “equal weight” rating in a report on Monday, April 20th. Keefe, Bruyette & Woods upgraded shares of Deutsche Bank Aktiengesellschaft from a “moderate sell” rating to a “hold” rating in a research note on Thursday, July 9th. Morgan Stanley restated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Thursday, July 2nd. Weiss Ratings cut Deutsche Bank Aktiengesellschaft from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, May 6th. Finally, Oddo Bhf upgraded Deutsche Bank Aktiengesellschaft to an “outperform” rating in a research report on Friday, May 8th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Compagnie Lombard Odier SCmA grew its position in Deutsche Bank Aktiengesellschaft by 10.5% during the 4th quarter. Compagnie Lombard Odier SCmA now owns 629,334 shares of the bank’s stock worth $24,475,000 after acquiring an additional 59,925 shares during the last quarter. Vanguard Group Inc. raised its position in Deutsche Bank Aktiengesellschaft by 1.3% in the 4th quarter. Vanguard Group Inc. now owns 80,119,806 shares of the bank’s stock valued at $3,087,737,000 after purchasing an additional 1,051,072 shares during the last quarter. QRG Capital Management Inc. boosted its stake in Deutsche Bank Aktiengesellschaft by 27.3% in the fourth quarter. QRG Capital Management Inc. now owns 209,554 shares of the bank’s stock worth $8,080,000 after purchasing an additional 44,937 shares in the last quarter. Triasima Portfolio Management inc. bought a new stake in shares of Deutsche Bank Aktiengesellschaft during the fourth quarter worth $1,601,000. Finally, ABN AMRO Bank N.V. grew its holdings in shares of Deutsche Bank Aktiengesellschaft by 116.8% during the fourth quarter. ABN AMRO Bank N.V. now owns 264,172 shares of the bank’s stock worth $10,234,000 after purchasing an additional 142,348 shares during the last quarter. 27.90% of the stock is owned by institutional investors.

Deutsche Bank Aktiengesellschaft Trading Up 0.7%

Shares of Deutsche Bank Aktiengesellschaft stock opened at $35.62 on Thursday. The company’s fifty day simple moving average is $33.86 and its 200-day simple moving average is $34.07. The company has a market cap of $69.11 billion, a price-to-earnings ratio of 9.81, a PEG ratio of 0.48 and a beta of 0.94. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 1.40. Deutsche Bank Aktiengesellschaft has a 1 year low of $28.12 and a 1 year high of $40.43.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last announced its earnings results on Wednesday, April 29th. The bank reported $1.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.15 by $0.09. Deutsche Bank Aktiengesellschaft had a net margin of 10.43% and a return on equity of 7.69%. The business had revenue of $10.04 billion for the quarter, compared to analyst estimates of $9.85 billion. As a group, sell-side analysts expect that Deutsche Bank Aktiengesellschaft will post 3.91 EPS for the current year.

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.