DZ Bank Reaffirms Buy Rating for Deutsche Bank (DB)
Deutsche Bank (NYSE:DB)‘s stock had its “buy” rating restated by analysts at DZ Bank in a report released on Thursday.
Several other equities research analysts also recently weighed in on the stock. upgraded shares of Deutsche Bank from a “hold” rating to a “buy” rating and raised their target price for the company from $17.93 to $18.20 in a research note on Tuesday, November 14th. Citigroup restated a “sell” rating on shares of Deutsche Bank in a research note on Tuesday, November 21st. Zacks Investment Research upgraded shares of Deutsche Bank from a “strong sell” rating to a “hold” rating in a research note on Monday, November 6th. Keefe, Bruyette & Woods cut shares of Deutsche Bank from an “outperform” rating to a “market perform” rating in a report on Thursday, August 31st. Finally, HSBC raised shares of Deutsche Bank from a “hold” rating to a “buy” rating in a report on Tuesday, November 14th. Five analysts have rated the stock with a sell rating, six have issued a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $19.26.
Deutsche Bank (NYSE:DB) traded down $0.26 during midday trading on Thursday, hitting $18.50. 2,881,800 shares of the stock were exchanged, compared to its average volume of 5,231,077. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 2.35. Deutsche Bank has a 1 year low of $15.59 and a 1 year high of $20.94. The company has a market capitalization of $38,772.66, a P/E ratio of 12.59 and a beta of 1.43.
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