Royal Bank of Canada restated their sell rating on shares of Deutsche Bank (NYSE:DB) in a research note released on Friday.

Other equities analysts also recently issued reports about the stock. Zacks Investment Research raised shares of Deutsche Bank from a sell rating to a hold rating in a report on Monday, January 14th. UBS Group reissued a neutral rating on shares of Deutsche Bank in a report on Wednesday, January 16th. Credit Suisse Group reissued a hold rating on shares of Deutsche Bank in a report on Monday, December 17th. DZ Bank reissued a hold rating on shares of Deutsche Bank in a report on Friday, February 1st. Finally, Berenberg Bank restated a sell rating on shares of Deutsche Bank in a research note on Tuesday, February 5th. Nine investment analysts have rated the stock with a sell rating and ten have given a hold rating to the company. The company currently has an average rating of Hold and an average target price of $11.00.

Shares of NYSE:DB opened at $8.21 on Friday. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 2.28. The stock has a market capitalization of $16.97 billion, a P/E ratio of -13.68 and a beta of 1.37. Deutsche Bank has a fifty-two week low of $7.62 and a fifty-two week high of $14.92.

A number of institutional investors have recently made changes to their positions in DB. Hudson Executive Capital LP bought a new stake in Deutsche Bank in the 3rd quarter valued at about $679,928,000. Norges Bank bought a new stake in Deutsche Bank in the 4th quarter valued at about $161,774,000. Franklin Resources Inc. raised its stake in Deutsche Bank by 18.8% in the 3rd quarter. Franklin Resources Inc. now owns 13,503,281 shares of the bank’s stock valued at $154,070,000 after acquiring an additional 2,132,543 shares during the period. Amundi Pioneer Asset Management Inc. raised its stake in Deutsche Bank by 14.6% in the 4th quarter. Amundi Pioneer Asset Management Inc. now owns 16,219,213 shares of the bank’s stock valued at $132,185,000 after acquiring an additional 2,065,264 shares during the period. Finally, Pictet Asset Management Ltd. bought a new stake in Deutsche Bank in the 3rd quarter valued at about $16,580,000. Institutional investors and hedge funds own 22.00% of the company’s stock.

About Deutsche Bank

Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services to private individuals, corporate entities, and institutional clients worldwide. It operates through three segments: Corporate & Investment Bank (CIB), Private & Commercial Bank (PCB), and Deutsche Asset Management.

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Analyst Recommendations for Deutsche Bank (NYSE:DB)

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