Deutsche Bank Aktiengesellschaft (NYSE:DB) Receives Average Rating of “Hold” from Analysts

Deutsche Bank Aktiengesellschaft (NYSE:DB) has earned an average rating of “Hold” from the eleven analysts that are presently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, four have issued a buy rating and one has given a strong buy rating to the company.

Several brokerages have issued reports on DB. Weiss Ratings reissued a “buy (b)” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Wednesday, October 8th. Barclays upgraded shares of Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a research note on Friday, October 10th. The Goldman Sachs Group cut Deutsche Bank Aktiengesellschaft from a “buy” rating to a “neutral” rating in a research report on Tuesday, August 26th. Zacks Research cut Deutsche Bank Aktiengesellschaft from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 22nd. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, November 24th.

Deutsche Bank Aktiengesellschaft Stock Up 2.4%

DB opened at $36.17 on Wednesday. Deutsche Bank Aktiengesellschaft has a one year low of $16.60 and a one year high of $38.78. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.78 and a current ratio of 0.78. The stock has a market capitalization of $72.06 billion, a P/E ratio of 13.35, a price-to-earnings-growth ratio of 0.37 and a beta of 0.95. The business’s 50-day simple moving average is $35.30 and its 200-day simple moving average is $33.15.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last announced its earnings results on Wednesday, October 29th. The bank reported $0.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.81 by $0.16. The business had revenue of $9.44 billion for the quarter, compared to analyst estimates of $7.75 billion. Deutsche Bank Aktiengesellschaft had a net margin of 7.99% and a return on equity of 5.97%. Analysts anticipate that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current year.

Hedge Funds Weigh In On Deutsche Bank Aktiengesellschaft

A number of large investors have recently bought and sold shares of the company. Opal Wealth Advisors LLC purchased a new stake in shares of Deutsche Bank Aktiengesellschaft in the second quarter valued at about $25,000. Root Financial Partners LLC purchased a new position in Deutsche Bank Aktiengesellschaft during the third quarter worth about $27,000. Salomon & Ludwin LLC boosted its holdings in Deutsche Bank Aktiengesellschaft by 2,807.4% in the 3rd quarter. Salomon & Ludwin LLC now owns 785 shares of the bank’s stock valued at $28,000 after purchasing an additional 758 shares in the last quarter. Triumph Capital Management acquired a new position in Deutsche Bank Aktiengesellschaft during the 3rd quarter worth approximately $32,000. Finally, Cary Street Partners Investment Advisory LLC raised its stake in shares of Deutsche Bank Aktiengesellschaft by 61.8% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 1,081 shares of the bank’s stock worth $38,000 after buying an additional 413 shares in the last quarter. Hedge funds and other institutional investors own 27.90% of the company’s stock.

About Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft, a stock corporation, provides corporate and investment banking, and asset management products and services to private individuals, corporate entities, and institutional clients in Germany, the United Kingdom, rest of Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.