What is Erste Group Bank’s Forecast for DB FY2027 Earnings?

Deutsche Bank Aktiengesellschaft (NYSE:DB) – Stock analysts at Erste Group Bank reduced their FY2027 earnings per share (EPS) estimates for Deutsche Bank Aktiengesellschaft in a report issued on Friday, June 5th. Erste Group Bank analyst S. Lingnau now anticipates that the bank will post earnings of $4.34 per share for the year, down from their prior forecast of $4.41. The consensus estimate for Deutsche Bank Aktiengesellschaft’s current full-year earnings is $4.02 per share.

Several other equities analysts have also recently weighed in on DB. Citigroup raised Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a research report on Thursday, April 9th. Barclays cut Deutsche Bank Aktiengesellschaft from an “overweight” rating to an “equal weight” rating in a research report on Monday, April 20th. Weiss Ratings cut Deutsche Bank Aktiengesellschaft from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, May 6th. Wall Street Zen cut Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a research report on Saturday, June 6th. Finally, Oddo Bhf raised Deutsche Bank Aktiengesellschaft to an “outperform” rating in a research report on Friday, May 8th. Four equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, Deutsche Bank Aktiengesellschaft presently has an average rating of “Hold”.

Deutsche Bank Aktiengesellschaft Price Performance

Shares of NYSE:DB opened at $31.03 on Thursday. Deutsche Bank Aktiengesellschaft has a fifty-two week low of $27.13 and a fifty-two week high of $40.43. The business has a 50-day moving average of $31.88 and a two-hundred day moving average of $34.54. The stock has a market capitalization of $60.19 billion, a P/E ratio of 8.55, a P/E/G ratio of 0.42 and a beta of 0.93. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.74 and a quick ratio of 0.74.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last announced its quarterly earnings results on Wednesday, April 29th. The bank reported $1.24 earnings per share for the quarter, topping analysts’ consensus estimates of $1.15 by $0.09. Deutsche Bank Aktiengesellschaft had a return on equity of 7.69% and a net margin of 10.43%.The company had revenue of $10.04 billion during the quarter, compared to analysts’ expectations of $9.85 billion.

Hedge Funds Weigh In On Deutsche Bank Aktiengesellschaft

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Bank of America Corp DE increased its stake in Deutsche Bank Aktiengesellschaft by 83.1% during the first quarter. Bank of America Corp DE now owns 21,420,171 shares of the bank’s stock valued at $637,893,000 after acquiring an additional 9,719,181 shares during the period. Amundi increased its stake in Deutsche Bank Aktiengesellschaft by 11.4% during the first quarter. Amundi now owns 60,059,707 shares of the bank’s stock valued at $1,788,578,000 after acquiring an additional 6,139,611 shares during the period. EverSource Wealth Advisors LLC increased its stake in Deutsche Bank Aktiengesellschaft by 39.0% during the first quarter. EverSource Wealth Advisors LLC now owns 11,590 shares of the bank’s stock valued at $345,000 after acquiring an additional 3,254 shares during the period. Royal Bank of Canada increased its stake in Deutsche Bank Aktiengesellschaft by 39.4% during the first quarter. Royal Bank of Canada now owns 2,228,726 shares of the bank’s stock valued at $66,370,000 after acquiring an additional 629,461 shares during the period. Finally, Rokos Capital Management LLP bought a new position in Deutsche Bank Aktiengesellschaft during the first quarter valued at about $3,828,000. 27.90% of the stock is currently owned by institutional investors.

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.