BidaskClub lowered shares of Deutsche Bank AG (NYSE:DB) from a hold rating to a sell rating in a report issued on Tuesday morning.

A number of other research firms also recently issued reports on DB. Barclays PLC restated a neutral rating on shares of Deutsche Bank AG in a research note on Thursday, June 8th. ValuEngine downgraded Deutsche Bank AG from a buy rating to a hold rating in a research note on Thursday, June 22nd. J P Morgan Chase & Co restated a neutral rating on shares of Deutsche Bank AG in a research note on Tuesday, May 23rd. Zacks Investment Research downgraded Deutsche Bank AG from a hold rating to a strong sell rating in a research note on Wednesday, June 28th. Finally, DZ Bank AG restated a buy rating on shares of Deutsche Bank AG in a research note on Friday, May 19th. Eight investment analysts have rated the stock with a sell rating, seven have issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. Deutsche Bank AG presently has an average rating of Hold and a consensus target price of $18.21.

Shares of Deutsche Bank AG (NYSE DB) traded up 0.89% on Tuesday, hitting $18.19. The stock had a trading volume of 3,561,231 shares. The stock has a 50 day moving average of $18.02 and a 200-day moving average of $18.40. Deutsche Bank AG has a 12 month low of $11.19 and a 12 month high of $20.94. The stock’s market cap is $101.64 billion.

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A number of institutional investors have recently added to or reduced their stakes in the stock. Renaissance Technologies LLC increased its position in Deutsche Bank AG by 211.7% in the first quarter. Renaissance Technologies LLC now owns 3,971,796 shares of the bank’s stock valued at $68,385,000 after buying an additional 2,697,658 shares during the period. Russell Investments Group Ltd. increased its position in Deutsche Bank AG by 4.4% in the second quarter. Russell Investments Group Ltd. now owns 2,909,133 shares of the bank’s stock valued at $51,669,000 after buying an additional 123,207 shares during the period. Thornburg Investment Management Inc. bought a new position in Deutsche Bank AG during the first quarter valued at $24,647,000. Acadian Asset Management LLC increased its position in Deutsche Bank AG by 13.6% in the first quarter. Acadian Asset Management LLC now owns 1,128,063 shares of the bank’s stock valued at $19,485,000 after buying an additional 134,778 shares during the period. Finally, Parametric Portfolio Associates LLC increased its position in Deutsche Bank AG by 19.0% in the first quarter. Parametric Portfolio Associates LLC now owns 859,096 shares of the bank’s stock valued at $14,742,000 after buying an additional 137,237 shares during the period. Institutional investors own 15.79% of the company’s stock.

About Deutsche Bank AG

Analyst Recommendations for Deutsche Bank AG (NYSE:DB)

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