A number of other equities research analysts have also recently commented on DB. Zacks Investment Research upgraded shares of Deutsche Bank from a sell rating to a hold rating in a research report on Monday, October 8th. Credit Suisse Group restated a hold rating on shares of Deutsche Bank in a report on Wednesday, October 17th. Goldman Sachs Group restated a hold rating on shares of Deutsche Bank in a report on Tuesday, October 23rd. Commerzbank restated a hold rating on shares of Deutsche Bank in a report on Wednesday, October 24th. Finally, DZ Bank restated a neutral rating on shares of Deutsche Bank in a report on Wednesday, October 24th. Nine equities research analysts have rated the stock with a sell rating and nine have issued a hold rating to the stock. The company currently has a consensus rating of Hold and a consensus price target of $11.00.
Shares of DB stock traded up $0.05 on Tuesday, hitting $9.29. 3,363,795 shares of the stock traded hands, compared to its average volume of 4,704,066. The company has a market capitalization of $17.88 billion, a price-to-earnings ratio of -15.48 and a beta of 1.35. Deutsche Bank has a 52 week low of $7.62 and a 52 week high of $16.35. The company has a debt-to-equity ratio of 2.28, a current ratio of 0.77 and a quick ratio of 0.77.
Several institutional investors have recently bought and sold shares of the company. Lindbrook Capital LLC acquired a new stake in Deutsche Bank during the fourth quarter worth approximately $41,000. Performa Ltd US LLC acquired a new stake in Deutsche Bank during the fourth quarter worth approximately $65,000. Cerity Partners LLC grew its position in Deutsche Bank by 13.4% during the fourth quarter. Cerity Partners LLC now owns 11,513 shares of the bank’s stock worth $94,000 after buying an additional 1,361 shares in the last quarter. HPM Partners LLC acquired a new stake in Deutsche Bank during the third quarter worth approximately $115,000. Finally, Advisor Group Inc. grew its position in Deutsche Bank by 19.2% during the fourth quarter. Advisor Group Inc. now owns 14,271 shares of the bank’s stock worth $116,000 after buying an additional 2,294 shares in the last quarter. 22.19% of the stock is currently owned by institutional investors.
About Deutsche Bank
Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services to private individuals, corporate entities, and institutional clients worldwide. It operates through three segments: Corporate & Investment Bank (CIB), Private & Commercial Bank (PCB), and Deutsche Asset Management.
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