Deutsche Bank (NYSE:DB) was downgraded by stock analysts at HSBC from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Monday.
Several other research analysts have also issued reports on the stock. Citigroup reiterated a “sell” rating on shares of Deutsche Bank in a research note on Tuesday, December 19th. UBS Group reiterated a “neutral” rating on shares of Deutsche Bank in a research note on Monday, December 11th. DZ Bank reiterated a “buy” rating on shares of Deutsche Bank in a research note on Thursday, December 7th. Goldman Sachs Group reiterated a “neutral” rating on shares of Deutsche Bank in a research note on Tuesday, December 5th. Finally, ValuEngine upgraded shares of Deutsche Bank from a “hold” rating to a “buy” rating in a research note on Monday, December 4th. Five analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $18.08.
Deutsche Bank (NYSE:DB) traded down $1.22 during trading hours on Monday, hitting $18.55. 16,517,300 shares of the stock traded hands, compared to its average volume of 6,866,575. Deutsche Bank has a 12-month low of $15.59 and a 12-month high of $20.94. The company has a debt-to-equity ratio of 2.35, a quick ratio of 0.84 and a current ratio of 0.84. The stock has a market cap of $38,338.64, a PE ratio of -29.92 and a beta of 1.43.
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