Deutsche Bank Aktiengesellschaft (NYSE:DB) Receives Average Recommendation of "Moderate Buy" from Analysts

Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the seven analysts that are covering the stock, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and one has assigned a strong buy recommendation to the company.

A number of equities research analysts have recently commented on DB shares. Cfra Research raised Deutsche Bank Aktiengesellschaft from a "moderate sell" rating to a "hold" rating in a research report on Wednesday, April 30th. Royal Bank of Canada reissued an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, March 24th. Bank of America began coverage on shares of Deutsche Bank Aktiengesellschaft in a research note on Tuesday. They set a "buy" rating for the company. Finally, Morgan Stanley reiterated an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Friday, March 7th.

Deutsche Bank Aktiengesellschaft Price Performance

DB stock traded up $0.39 on Wednesday, reaching $28.30. 2,117,919 shares of the company's stock were exchanged, compared to its average volume of 2,420,487. The stock has a fifty day moving average of $25.76 and a 200-day moving average of $21.93. The firm has a market cap of $56.37 billion, a PE ratio of 20.36 and a beta of 0.98. The company has a quick ratio of 0.78, a current ratio of 0.74 and a debt-to-equity ratio of 1.45. Deutsche Bank Aktiengesellschaft has a twelve month low of $13.70 and a twelve month high of $29.07.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The bank reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.85 by $0.19. The firm had revenue of $8.97 billion during the quarter, compared to analysts' expectations of $7.95 billion. Deutsche Bank Aktiengesellschaft had a return on equity of 3.90% and a net margin of 4.66%. As a group, equities analysts predict that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current fiscal year.

Institutional Investors Weigh In On Deutsche Bank Aktiengesellschaft

Institutional investors have recently bought and sold shares of the stock. Zions Bancorporation National Association UT bought a new stake in shares of Deutsche Bank Aktiengesellschaft in the 1st quarter worth $39,000. Farther Finance Advisors LLC raised its position in Deutsche Bank Aktiengesellschaft by 96.5% in the first quarter. Farther Finance Advisors LLC now owns 1,629 shares of the bank's stock worth $39,000 after acquiring an additional 800 shares in the last quarter. MassMutual Private Wealth & Trust FSB lifted its holdings in Deutsche Bank Aktiengesellschaft by 21.3% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 2,412 shares of the bank's stock valued at $57,000 after acquiring an additional 424 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in Deutsche Bank Aktiengesellschaft by 1,270.5% in the 4th quarter. Jones Financial Companies Lllp now owns 4,043 shares of the bank's stock valued at $69,000 after acquiring an additional 3,748 shares during the last quarter. Finally, Kayne Anderson Rudnick Investment Management LLC boosted its position in shares of Deutsche Bank Aktiengesellschaft by 28,293.3% during the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 4,259 shares of the bank's stock valued at $101,000 after purchasing an additional 4,244 shares in the last quarter. Institutional investors and hedge funds 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.