Deutsche Bank Aktiengesellschaft (NYSE:DB) Given Average Rating of "Hold" by Brokerages

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) has received an average rating of "Hold" from the ten ratings firms that are covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating on the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $43.00.

A number of brokerages recently issued reports on DB. Citigroup restated a "neutral" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, July 20th. Bank of America set a $43.00 target price on shares of Deutsche Bank Aktiengesellschaft in a research note on Tuesday, July 7th. Wall Street Zen cut shares of Deutsche Bank Aktiengesellschaft from a "buy" rating to a "hold" rating in a research note on Saturday, June 6th. Barclays lowered shares of Deutsche Bank Aktiengesellschaft from an "overweight" rating to an "equal weight" rating in a research report on Monday, April 20th. Finally, Oddo Bhf raised shares of Deutsche Bank Aktiengesellschaft to an "outperform" rating in a research note on Friday, May 8th.

Deutsche Bank Aktiengesellschaft Stock Up 0.0%

Shares of NYSE:DB opened at $38.07 on Monday. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.35. Deutsche Bank Aktiengesellschaft has a 12 month low of $28.12 and a 12 month high of $40.43. The company has a 50-day moving average price of $34.85 and a 200 day moving average price of $33.85. The company has a market cap of $73.85 billion, a price-to-earnings ratio of 10.15, a PEG ratio of 0.53 and a beta of 0.94.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The bank reported $0.66 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.91 by ($0.25). The company had revenue of $9.68 billion during the quarter, compared to the consensus estimate of $9.30 billion. Deutsche Bank Aktiengesellschaft had a net margin of 11.53% and a return on equity of 8.46%. As a group, equities research analysts predict that Deutsche Bank Aktiengesellschaft will post 3.88 earnings per share for the current year.

Hedge Funds Weigh In On Deutsche Bank Aktiengesellschaft

Large investors have recently bought and sold shares of the business. GAMMA Investing LLC increased its stake in Deutsche Bank Aktiengesellschaft by 51.6% in the second quarter. GAMMA Investing LLC now owns 814 shares of the bank's stock worth $27,000 after purchasing an additional 277 shares during the period. Triumph Capital Management purchased a new stake in shares of Deutsche Bank Aktiengesellschaft during the third quarter valued at $32,000. Geneos Wealth Management Inc. grew its holdings in shares of Deutsche Bank Aktiengesellschaft by 178.0% in the second quarter. Geneos Wealth Management Inc. now owns 1,376 shares of the bank's stock worth $40,000 after purchasing an additional 881 shares during the last quarter. Advisory Services Network LLC purchased a new position in Deutsche Bank Aktiengesellschaft in the 3rd quarter worth about $59,000. Finally, GHP Investment Advisors Inc. purchased a new position in Deutsche Bank Aktiengesellschaft in the 1st quarter worth about $64,000. Hedge funds and other institutional investors own 27.90% of the company's stock.

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.

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