Deutsche Bank Aktiengesellschaft (NYSE:DB) Raised to Hold at Cfra Research

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) was upgraded by equities researchers at Cfra Research from a "moderate sell" rating to a "hold" rating in a note issued to investors on Wednesday,Zacks.com reports.

A number of other brokerages also recently commented on DB. StockNews.com upgraded shares of Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a report on Wednesday, February 5th. The Goldman Sachs Group raised Deutsche Bank Aktiengesellschaft to a "strong-buy" rating in a research report on Thursday, January 30th. Citigroup reaffirmed a "neutral" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, February 3rd. Barclays reiterated an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, February 3rd. Finally, Royal Bank of Canada reaffirmed an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, March 24th. Two analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Deutsche Bank Aktiengesellschaft presently has an average rating of "Moderate Buy".

Deutsche Bank Aktiengesellschaft Price Performance

DB stock traded up $0.19 during midday trading on Wednesday, hitting $26.99. 3,150,368 shares of the stock were exchanged, compared to its average volume of 2,302,929. The stock's 50-day moving average price is $23.53 and its 200-day moving average price is $19.94. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.78 and a current ratio of 0.74. The stock has a market cap of $53.77 billion, a price-to-earnings ratio of 19.42 and a beta of 1.00. Deutsche Bank Aktiengesellschaft has a fifty-two week low of $13.70 and a fifty-two week high of $27.24.

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

Institutional Trading of Deutsche Bank Aktiengesellschaft

Large investors have recently added to or reduced their stakes in the business. MassMutual Private Wealth & Trust FSB increased its holdings in shares of Deutsche Bank Aktiengesellschaft by 21.3% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 2,412 shares of the bank's stock valued at $57,000 after purchasing an additional 424 shares during the period. Venturi Wealth Management LLC increased its stake in Deutsche Bank Aktiengesellschaft by 1.6% during the 4th quarter. Venturi Wealth Management LLC now owns 32,990 shares of the bank's stock valued at $562,000 after buying an additional 513 shares during the period. Sequoia Financial Advisors LLC raised its position in shares of Deutsche Bank Aktiengesellschaft by 3.9% during the 4th quarter. Sequoia Financial Advisors LLC now owns 14,189 shares of the bank's stock worth $242,000 after buying an additional 537 shares in the last quarter. Truist Financial Corp lifted its stake in shares of Deutsche Bank Aktiengesellschaft by 4.8% in the 4th quarter. Truist Financial Corp now owns 13,801 shares of the bank's stock worth $235,000 after acquiring an additional 636 shares during the period. Finally, Ballentine Partners LLC increased its stake in shares of Deutsche Bank Aktiengesellschaft by 4.1% during the first quarter. Ballentine Partners LLC now owns 17,356 shares of the bank's stock valued at $414,000 after acquiring an additional 680 shares during the period. 27.90% of the stock is currently owned by institutional investors and hedge funds.

Deutsche Bank Aktiengesellschaft Company Profile

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.