Deutsche Bank Aktiengesellschaft (NYSE:DB)'s stock had its "neutral" rating reissued by investment analysts at JPMorgan Chase & Co. in a research note issued to investors on Tuesday, The Fly reports.
Several other research firms have also recently commented on DB. Societe Generale upgraded shares of Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a research report on Thursday, October 29th. DZ Bank restated a "neutral" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Wednesday, October 28th. Berenberg Bank restated a "sell" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday. Zacks Investment Research upgraded shares of Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating and set a $11.00 target price for the company in a research report on Tuesday, February 9th. Finally, Keefe, Bruyette & Woods upgraded shares of Deutsche Bank Aktiengesellschaft from an "underperform" rating to a "market perform" rating in a research report on Thursday, January 14th. Five equities research analysts have rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the company's stock. Deutsche Bank Aktiengesellschaft currently has an average rating of "Hold" and an average target price of $11.00.
DB traded up $0.04 on Tuesday, hitting $12.03. 358,252 shares of the company's stock were exchanged, compared to its average volume of 2,785,603. The firm has a market cap of $24.86 billion, a PE ratio of -15.42 and a beta of 1.49. Deutsche Bank Aktiengesellschaft has a twelve month low of $4.99 and a twelve month high of $12.15. The stock has a fifty day moving average of $11.02 and a two-hundred day moving average of $10.19. The company has a current ratio of 0.73, a quick ratio of 0.76 and a debt-to-equity ratio of 2.44.
Deutsche Bank Aktiengesellschaft (NYSE:DB) last released its quarterly earnings data on Wednesday, February 3rd. The bank reported $0.18 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.02. Deutsche Bank Aktiengesellschaft had a negative net margin of 3.92% and a negative return on equity of 1.94%. On average, analysts predict that Deutsche Bank Aktiengesellschaft will post -0.03 EPS for the current year.
Several institutional investors have recently bought and sold shares of DB. Jupiter Asset Management Ltd. bought a new position in shares of Deutsche Bank Aktiengesellschaft in the third quarter valued at approximately $16,362,000. Aviva PLC boosted its holdings in Deutsche Bank Aktiengesellschaft by 210.4% during the fourth quarter. Aviva PLC now owns 1,742,940 shares of the bank's stock worth $19,131,000 after buying an additional 1,181,493 shares in the last quarter. Credit Agricole S A boosted its holdings in Deutsche Bank Aktiengesellschaft by 206.3% during the fourth quarter. Credit Agricole S A now owns 1,566,340 shares of the bank's stock worth $17,074,000 after buying an additional 1,055,000 shares in the last quarter. Renaissance Technologies LLC bought a new stake in Deutsche Bank Aktiengesellschaft during the fourth quarter worth approximately $8,117,000. Finally, Schroder Investment Management Group boosted its holdings in Deutsche Bank Aktiengesellschaft by 32.0% during the fourth quarter. Schroder Investment Management Group now owns 2,603,301 shares of the bank's stock worth $23,297,000 after buying an additional 631,683 shares in the last quarter. Institutional investors and hedge funds own 24.72% of the company's stock.
Deutsche Bank Aktiengesellschaft Company Profile
Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services to private individuals, corporate entities, and institutional clients worldwide. Its Corporate Bank segment provides cash management, trade finance and lending, trust and agency, and securities services.
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7 Stocks to Sell Before the New Year
We’re officially in the holiday season, which means it’s time to get our portfolios set for the new year. And for many investors, 2021 can’t get here fast enough. Don’t get me wrong. Overall, being invested in stocks has been a wise move. But it hasn’t been without its ups and downs. For investors to profit in this market, they have had to have conviction.
But having conviction also means knowing when it’s time to sell. One of the hardest things to do in life, as well as in investing, is to let go of an idea that simply isn’t working. There are a lot of story stocks out there. And while those stories may turn out to be more than fairy tales, in the long run, it doesn’t mean you have to pay tomorrow’s prices today.
Or, it could simply be a good time to take some profits. A new administration in Washington D.C. will bring a different, and most likely less favorable, tax policy regarding capital gains. It may be advantageous to take some of your gains now.
Whatever your motivation may be, we’ve put together a list of seven stocks that you should consider selling before the new year.
View the "7 Stocks to Sell Before the New Year".