Deutsche Bank Aktiengesellschaft (NYSE:DB) Given Average Recommendation of “Hold” by Brokerages

Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) have earned an average recommendation of “Hold” from the ten brokerages that are covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, five have given a hold recommendation and four have issued a buy recommendation on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $43.00.

DB has been the topic of several research reports. Zacks Research lowered Deutsche Bank Aktiengesellschaft from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 29th. Barclays lowered shares of Deutsche Bank Aktiengesellschaft from an “overweight” rating to an “equal weight” rating in a research note on Monday, April 20th. Weiss Ratings raised shares of Deutsche Bank Aktiengesellschaft from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, July 29th. Morgan Stanley restated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Thursday, July 30th. Finally, Keefe, Bruyette & Woods raised shares of Deutsche Bank Aktiengesellschaft from a “moderate sell” rating to a “hold” rating in a research report on Thursday, July 9th.

Deutsche Bank Aktiengesellschaft Stock Up 0.0%

Shares of NYSE:DB opened at $38.07 on Monday. Deutsche Bank Aktiengesellschaft has a 52-week low of $28.12 and a 52-week high of $40.43. The stock has a market cap of $73.85 billion, a P/E ratio of 10.15, a price-to-earnings-growth ratio of 0.53 and a beta of 0.94. The business’s 50 day moving average is $34.85 and its 200 day moving average is $33.85. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 1.35.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last issued its earnings results on Thursday, July 30th. The bank reported $0.66 earnings per share for the quarter, missing analysts’ consensus estimates of $0.91 by ($0.25). Deutsche Bank Aktiengesellschaft had a net margin of 11.53% and a return on equity of 8.46%. The firm had revenue of $9.68 billion for the quarter, compared to the consensus estimate of $9.30 billion. Sell-side analysts predict that Deutsche Bank Aktiengesellschaft will post 3.88 EPS for the current year.

Institutional Trading of Deutsche Bank Aktiengesellschaft

Several hedge funds and other institutional investors have recently bought and sold shares of DB. GAMMA Investing LLC increased its holdings in shares of Deutsche Bank Aktiengesellschaft by 51.6% in the 2nd quarter. GAMMA Investing LLC now owns 814 shares of the bank’s stock valued at $27,000 after acquiring an additional 277 shares during the period. Triumph Capital Management purchased a new stake in shares of Deutsche Bank Aktiengesellschaft during the 3rd quarter worth $32,000. Geneos Wealth Management Inc. lifted its stake in shares of Deutsche Bank Aktiengesellschaft by 178.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,376 shares of the bank’s stock worth $40,000 after purchasing an additional 881 shares during the last quarter. Advisory Services Network LLC bought a new stake in Deutsche Bank Aktiengesellschaft during the third quarter valued at about $59,000. Finally, GHP Investment Advisors Inc. purchased a new position in Deutsche Bank Aktiengesellschaft in the first quarter valued at about $64,000. Institutional investors own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Company Profile

Deutsche Bank Aktiengesellschaft is a global banking and financial services company headquartered in Frankfurt, Germany. Founded in 1870 to support German foreign trade, the firm has grown into a full-service bank offering a wide range of banking, advisory and transaction services to corporate, institutional, and private clients. Over its history the bank has expanded internationally and developed capabilities across capital markets, investment banking, retail and commercial banking, and wealth management.

The bank’s core business activities include corporate and investment banking—covering financing, advisory, sales and trading, and capital markets services—along with private & commercial banking for individual and small-to-medium enterprise clients.