Deutsche Bank Aktiengesellschaft (NYSE:DB) Given Consensus Rating of "Hold" by Analysts

Key Points

• Deutsche Bank Aktiengesellschaft has been assigned a consensus rating of "Hold" by nine research firms, with varying recommendations including one sell, four holds, and four buys.
• The bank's recent quarterly earnings reported an EPS of $0.54, missing expectations by $0.24, while revenue surpassed forecasts at $9.21 billion.
• Institutional investors and hedge funds collectively hold 27.90% of Deutsche Bank's stock, indicating a growing interest from major financial players.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) has earned an average recommendation of "Hold" from the nine brokerages that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating on the company.

A number of analysts recently weighed in on DB shares. Wall Street Zen downgraded Deutsche Bank Aktiengesellschaft from a "buy" rating to a "hold" rating in a report on Saturday, July 26th. Morgan Stanley reiterated an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Tuesday, September 2nd. Bank of America began coverage on Deutsche Bank Aktiengesellschaft in a report on Tuesday, June 10th. They set a "buy" rating for the company. Citigroup reiterated a "sell" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Friday, July 25th. Finally, Kepler Capital Markets downgraded Deutsche Bank Aktiengesellschaft from a "strong-buy" rating to a "hold" rating in a report on Monday, July 28th.

Deutsche Bank Aktiengesellschaft Trading Up 0.9%

NYSE DB traded up $0.34 on Friday, reaching $36.28. The company had a trading volume of 5,106,327 shares, compared to its average volume of 2,365,351. The firm has a market cap of $72.27 billion, a price-to-earnings ratio of 13.79, a P/E/G ratio of 0.44 and a beta of 1.03. Deutsche Bank Aktiengesellschaft has a fifty-two week low of $16.02 and a fifty-two week high of $37.86. The business has a 50 day moving average of $34.63 and a two-hundred day moving average of $29.05. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.79 and a quick ratio of 0.79.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last posted its quarterly earnings data on Thursday, July 24th. The bank reported $0.54 earnings per share for the quarter, missing analysts' consensus estimates of $0.78 by ($0.24). The company had revenue of $9.21 billion during the quarter, compared to analyst estimates of $7.80 billion. Deutsche Bank Aktiengesellschaft had a net margin of 7.67% and a return on equity of 6.01%. Analysts forecast that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current year.

Hedge Funds Weigh In On Deutsche Bank Aktiengesellschaft

Institutional investors and hedge funds have recently made changes to their positions in the stock. Opal Wealth Advisors LLC bought a new position in shares of Deutsche Bank Aktiengesellschaft during the 2nd quarter worth about $25,000. Farther Finance Advisors LLC boosted its position in shares of Deutsche Bank Aktiengesellschaft by 96.5% during the 1st quarter. Farther Finance Advisors LLC now owns 1,629 shares of the bank's stock worth $39,000 after purchasing an additional 800 shares in the last quarter. Zions Bancorporation National Association UT bought a new position in shares of Deutsche Bank Aktiengesellschaft during the 1st quarter worth about $39,000. Geneos Wealth Management Inc. boosted its position in shares of Deutsche Bank Aktiengesellschaft by 178.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,376 shares of the bank's stock worth $40,000 after purchasing an additional 881 shares in the last quarter. Finally, MAI Capital Management boosted its position in shares of Deutsche Bank Aktiengesellschaft by 385.1% during the 2nd quarter. MAI Capital Management now owns 1,824 shares of the bank's stock worth $53,000 after purchasing an additional 1,448 shares in the last quarter. Institutional investors own 27.90% of the company's stock.

About Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft, a stock corporation, provides corporate and investment banking, and asset management products and services to private individuals, corporate entities, and institutional clients in Germany, the United Kingdom, rest of Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.