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

Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) have been assigned a consensus rating of “Hold” from the ten research firms that are presently covering the firm, MarketBeat.com reports. Six investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company.

Several equities research analysts recently commented on the company. Barclays cut Deutsche Bank Aktiengesellschaft from an “overweight” rating to an “equal weight” rating in a research report on Monday, April 20th. Citigroup raised Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a report on Thursday, April 9th. Weiss Ratings downgraded Deutsche Bank Aktiengesellschaft from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, May 6th. Oddo Bhf raised Deutsche Bank Aktiengesellschaft to an “outperform” rating in a report on Friday, May 8th. Finally, Wall Street Zen downgraded Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a report on Saturday, June 6th.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Landesbank Baden Wuerttemberg lifted its holdings in Deutsche Bank Aktiengesellschaft by 7.9% in the first quarter. Landesbank Baden Wuerttemberg now owns 539,121 shares of the bank’s stock valued at $15,520,000 after acquiring an additional 39,493 shares during the period. Bank of America Corp DE raised its stake in shares of Deutsche Bank Aktiengesellschaft by 83.1% in the first quarter. Bank of America Corp DE now owns 21,420,171 shares of the bank’s stock worth $637,893,000 after buying an additional 9,719,181 shares during the period. Amundi raised its stake in shares of Deutsche Bank Aktiengesellschaft by 11.4% in the first quarter. Amundi now owns 60,059,707 shares of the bank’s stock worth $1,788,578,000 after buying an additional 6,139,611 shares during the period. EverSource Wealth Advisors LLC raised its stake in shares of Deutsche Bank Aktiengesellschaft by 39.0% in the first quarter. EverSource Wealth Advisors LLC now owns 11,590 shares of the bank’s stock worth $345,000 after buying an additional 3,254 shares during the period. Finally, Royal Bank of Canada raised its stake in shares of Deutsche Bank Aktiengesellschaft by 39.4% in the first quarter. Royal Bank of Canada now owns 2,228,726 shares of the bank’s stock worth $66,370,000 after buying an additional 629,461 shares during the period. Institutional investors own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Price Performance

Shares of DB stock opened at $33.56 on Friday. The stock has a market cap of $65.11 billion, a price-to-earnings ratio of 9.25, a PEG ratio of 0.45 and a beta of 0.93. The business’s fifty day moving average is $32.61 and its 200 day moving average is $34.46. Deutsche Bank Aktiengesellschaft has a twelve month low of $28.12 and a twelve month high of $40.43. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 1.40.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last issued its quarterly earnings results on Wednesday, April 29th. The bank reported $1.24 earnings per share for the quarter, topping the consensus estimate of $1.15 by $0.09. The company had revenue of $10.04 billion for the quarter, compared to analysts’ expectations of $9.85 billion. Deutsche Bank Aktiengesellschaft had a return on equity of 7.69% and a net margin of 10.43%. Research analysts expect that Deutsche Bank Aktiengesellschaft will post 3.97 EPS for the current fiscal year.

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.