Deutsche Bank Receives Consensus Rating of “Hold” from Brokerages (NYSE:DB)
Shares of Deutsche Bank (NYSE:DB) have received a consensus recommendation of “Hold” from the thirteen analysts that are currently covering the company, StockRatingsNetwork.com reports. Three analysts have rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating on the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $30.00.
A number of analysts have recently weighed in on DB shares. Analysts at Berenberg Bank upgraded shares of Deutsche Bank from a “sell” rating to a “hold” rating in a research note on Wednesday, July 30th. Separately, analysts at S&P Equity Research upgraded shares of Deutsche Bank from a “hold” rating to a “buy” rating in a research note on Tuesday, July 29th. Finally, analysts at JPMorgan Chase & Co. upgraded shares of Deutsche Bank from a “neutral” rating to an “overweight” rating in a research note on Wednesday, July 9th.
Shares of Deutsche Bank (NYSE:DB) opened at 33.15 on Monday. Deutsche Bank has a 1-year low of $32.53 and a 1-year high of $51.9943. The stock’s 50-day moving average is $34.82 and its 200-day moving average is $40.34. The company’s market cap is $45.714 billion.
Deutsche Bank (NYSE:DB) last released its earnings data on Tuesday, July 29th. The company reported $0.32 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.50 by $0.18. On average, analysts predict that Deutsche Bank will post $2.24 earnings per share for the current fiscal year.
Deutsche Bank AG is a global investment bank. The Company offers a variety of investment, financial and related products and services to private individuals, corporate entities and institutional clients around the world.
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