Shares of Deutsche Bank AG (NYSE:DB) have been given an average rating of “Hold” by the seventeen analysts that are presently covering the company, Marketbeat reports. Eight analysts have rated the stock with a sell rating, six have given a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $16.40.

A number of analysts have recently weighed in on the stock. Macquarie lowered shares of Deutsche Bank AG from an “outperform” rating to a “neutral” rating and set a $18.03 target price for the company. in a report on Friday, July 28th. DZ Bank AG reiterated a “buy” rating on shares of Deutsche Bank AG in a report on Thursday, July 27th. BidaskClub lowered shares of Deutsche Bank AG from a “sell” rating to a “strong sell” rating in a report on Friday, August 11th. J P Morgan Chase & Co reiterated a “neutral” rating on shares of Deutsche Bank AG in a report on Monday, May 29th. Finally, ValuEngine lowered shares of Deutsche Bank AG from a “buy” rating to a “hold” rating in a report on Friday, June 2nd.

Deutsche Bank AG (NYSE:DB) traded up 0.49% on Friday, hitting $16.52. The stock had a trading volume of 3,975,769 shares. Deutsche Bank AG has a 52-week low of $11.19 and a 52-week high of $20.94. The company’s market cap is $34.12 billion. The stock’s 50-day moving average is $18.14 and its 200-day moving average is $18.20.

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Several institutional investors have recently made changes to their positions in the stock. Capstone Asset Management Co. increased its position in shares of Deutsche Bank AG by 4.5% in the first quarter. Capstone Asset Management Co. now owns 128,085 shares of the bank’s stock worth $2,198,000 after buying an additional 5,520 shares in the last quarter. Acadian Asset Management LLC increased its position in shares of Deutsche Bank AG by 13.6% in the first quarter. Acadian Asset Management LLC now owns 1,128,063 shares of the bank’s stock worth $19,485,000 after buying an additional 134,778 shares in the last quarter. Wetherby Asset Management Inc. increased its position in shares of Deutsche Bank AG by 7.7% in the first quarter. Wetherby Asset Management Inc. now owns 24,851 shares of the bank’s stock worth $427,000 after buying an additional 1,779 shares in the last quarter. GFS Advisors LLC acquired a new position in shares of Deutsche Bank AG during the first quarter worth $228,000. Finally, OLD National Bancorp IN acquired a new position in shares of Deutsche Bank AG during the first quarter worth $258,000. 16.44% of the stock is owned by institutional investors and hedge funds.

About Deutsche Bank AG

Analyst Recommendations for Deutsche Bank AG (NYSE:DB)

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