DZ Bank AG reissued their neutral rating on shares of Deutsche Bank AG (NYSE:DB) in a report released on Friday.

A number of other research firms have also weighed in on DB. Royal Bank Of Canada lowered shares of Deutsche Bank AG from an outperform rating to a sector perform rating and reduced their price objective for the company from $19.56 to $17.62 in a research note on Thursday, June 2nd. Barclays PLC lowered shares of Deutsche Bank AG from an overweight rating to an equal weight rating and reduced their price objective for the company from $28.00 to $16.50 in a research note on Thursday, June 9th. Vetr lowered shares of Deutsche Bank AG from a strong-buy rating to a buy rating and set a $18.90 price objective for the company. in a research note on Monday, May 23rd. Societe Generale reiterated a sell rating on shares of Deutsche Bank AG in a research note on Monday, June 13th. Finally, HSBC reiterated a hold rating on shares of Deutsche Bank AG in a research note on Monday, September 12th. Eight research analysts have rated the stock with a sell rating, thirteen have given a hold rating and two have issued a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus price target of $19.88.

Shares of Deutsche Bank AG (NYSE:DB) opened at 13.1999 on Friday. The company has a 50-day moving average price of $14.01 and a 200-day moving average price of $16.07. The firm’s market capitalization is $18.04 billion. Deutsche Bank AG has a 12-month low of $12.48 and a 12-month high of $30.82.

A number of institutional investors have recently modified their holdings of the company. Macquarie Group Ltd. boosted its position in shares of Deutsche Bank AG by 12,621,052.9% in the second quarter. Macquarie Group Ltd. now owns 36,475,132 shares of the company’s stock worth $500,803,000 after buying an additional 36,474,843 shares during the last quarter. Prudential PLC boosted its position in shares of Deutsche Bank AG by 12.2% in the second quarter. Prudential PLC now owns 4,688,215 shares of the company’s stock worth $64,369,000 after buying an additional 511,514 shares during the last quarter. Svenska Handelsbanken AB publ acquired a new position in shares of Deutsche Bank AG during the second quarter worth approximately $38,650,000. Aviva PLC boosted its position in shares of Deutsche Bank AG by 8.0% in the second quarter. Aviva PLC now owns 1,971,925 shares of the company’s stock worth $26,927,000 after buying an additional 146,708 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Deutsche Bank AG by 16.6% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,212,538 shares of the company’s stock worth $16,603,000 after buying an additional 172,801 shares during the last quarter. Institutional investors own 24.68% of the company’s stock.

About Deutsche Bank AG

Deutsche Bank AG is a global investment bank. The Bank is a financial services provider to Indian corporate, institutional and individual clients. It operates through five corporate divisions: Corporate Banking & Securities (CB&S), Private & Business Clients (PBC), Global Transaction Banking (GTB), Deutsche Asset & Wealth Management (Deutsche AWM) and Non-Core Operations Unit (NCOU).

5 Day Chart for NYSE:DB

Receive News & Ratings for Deutsche Bank AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deutsche Bank AG and related companies with Analyst Ratings Network's FREE daily email newsletter.