Deutsche Bank Aktiengesellschaft (NYSE:DB) Receives Average Recommendation of "Hold" from Brokerages

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

Several equities research analysts have issued reports on DB shares. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Wednesday, October 8th. Kepler Capital Markets lowered shares of Deutsche Bank Aktiengesellschaft from a "strong-buy" rating to a "hold" rating in a report on Monday, July 28th. Morgan Stanley reiterated an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Tuesday, September 2nd. Zacks Research lowered shares of Deutsche Bank Aktiengesellschaft from a "strong-buy" rating to a "hold" rating in a report on Friday, August 22nd. Finally, The Goldman Sachs Group lowered shares of Deutsche Bank Aktiengesellschaft from a "buy" rating to a "neutral" rating in a report on Tuesday, August 26th.

Deutsche Bank Aktiengesellschaft Stock Performance

NYSE:DB opened at $35.29 on Tuesday. The stock has a market cap of $70.31 billion, a PE ratio of 13.42, a price-to-earnings-growth ratio of 0.42 and a beta of 0.98. Deutsche Bank Aktiengesellschaft has a fifty-two week low of $16.02 and a fifty-two week high of $37.86. The firm's fifty day simple moving average is $35.83 and its 200-day simple moving average is $30.38. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.39.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last issued its quarterly earnings data on Thursday, July 24th. The bank reported $0.54 EPS for the quarter, missing analysts' consensus estimates of $0.78 by ($0.24). The business 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 expect that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Flputnam Investment Management Co. purchased a new stake in shares of Deutsche Bank Aktiengesellschaft during the third quarter valued at approximately $224,000. Toth Financial Advisory Corp raised its stake in shares of Deutsche Bank Aktiengesellschaft by 52.0% during the third quarter. Toth Financial Advisory Corp now owns 7,600 shares of the bank's stock valued at $269,000 after purchasing an additional 2,600 shares during the period. FCG Investment Co raised its stake in shares of Deutsche Bank Aktiengesellschaft by 75.7% during the third quarter. FCG Investment Co now owns 51,626 shares of the bank's stock valued at $1,828,000 after purchasing an additional 22,246 shares during the period. Assenagon Asset Management S.A. raised its stake in shares of Deutsche Bank Aktiengesellschaft by 5.6% during the third quarter. Assenagon Asset Management S.A. now owns 216,094 shares of the bank's stock valued at $7,605,000 after purchasing an additional 11,544 shares during the period. Finally, Valeo Financial Advisors LLC purchased a new stake in shares of Deutsche Bank Aktiengesellschaft during the second quarter valued at approximately $278,000. Hedge funds and other 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.

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