Deutsche Bank (NYSE:DB)‘s stock had its “buy” rating reissued by equities researchers at DZ Bank in a research report issued to clients and investors on Monday.
A number of other research firms have also recently commented on DB. ValuEngine raised shares of Deutsche Bank from a “hold” rating to a “buy” rating in a research report on Monday, December 4th. Zacks Investment Research raised shares of Deutsche Bank from a “strong sell” rating to a “hold” rating in a research report on Monday, November 6th. HSBC cut shares of Deutsche Bank from a “buy” rating to a “hold” rating in a research report on Monday, January 8th. raised shares of Deutsche Bank from a “hold” rating to a “buy” rating and boosted their target price for the stock from $17.93 to $18.20 in a research report on Tuesday, November 14th. Finally, UBS Group reissued a “neutral” rating on shares of Deutsche Bank in a research report on Monday, December 11th. Five analysts have rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $18.08.
Deutsche Bank (DB) traded down $0.70 during midday trading on Monday, hitting $16.39. 10,177,055 shares of the stock were exchanged, compared to its average volume of 5,003,319. Deutsche Bank has a twelve month low of $15.59 and a twelve month high of $20.71. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 2.35. The firm has a market capitalization of $34,600.00, a PE ratio of -39.98, a P/E/G ratio of 2.88 and a beta of 1.23.
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Deutsche Bank Company Profile
Deutsche Bank AG is a bank and holding company for its subsidiaries. The Company offers a range of investment, financial and related products and services to private individuals, corporate entities and institutional clients. It operates through six divisions: Global Markets, which offers financial products, including trading and hedging services to institutions and corporate clients; Corporate & Investment Banking, which brings together its commercial banking, corporate finance and transaction banking capability; Private, Wealth and Commercial Clients, which combines its capability in private and commercial banking, as well as in wealth management solutions; Deutsche Asset Management, whose investment capabilities span both active and passive strategies and an array of asset classes, including equities, fixed income, real estate and sustainable investments; Postbank, which is a German financial service provider for retail, business and corporate clients, and Non-Core Operations Unit.
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