Deutsche Bank Aktiengesellschaft (NYSE:DB) Given Consensus Rating of “Hold” by Analysts

Deutsche Bank Aktiengesellschaft (NYSE:DB) has received an average recommendation of “Hold” from the ten brokerages that are currently covering the company, MarketBeat reports. Six research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company.

Several research analysts have recently weighed in on the stock. Barclays lowered shares of Deutsche Bank Aktiengesellschaft from an “overweight” rating to an “equal weight” rating in a research note on Monday, April 20th. Wall Street Zen lowered shares of Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a research note on Saturday, June 6th. Citigroup upgraded shares of Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a research note on Thursday, April 9th. Oddo Bhf upgraded shares of Deutsche Bank Aktiengesellschaft to an “outperform” rating in a research note on Friday, May 8th. Finally, Weiss Ratings lowered shares of Deutsche Bank Aktiengesellschaft from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, May 6th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Landesbank Baden Wuerttemberg grew its stake in Deutsche Bank Aktiengesellschaft by 7.9% in the 1st quarter. Landesbank Baden Wuerttemberg now owns 539,121 shares of the bank’s stock valued at $15,520,000 after buying an additional 39,493 shares during the last quarter. Bank of America Corp DE grew its stake in Deutsche Bank Aktiengesellschaft by 83.1% in the 1st quarter. Bank of America Corp DE now owns 21,420,171 shares of the bank’s stock valued at $637,893,000 after buying an additional 9,719,181 shares during the last quarter. Amundi grew its stake in Deutsche Bank Aktiengesellschaft by 11.4% in the 1st quarter. Amundi now owns 60,059,707 shares of the bank’s stock valued at $1,788,578,000 after buying an additional 6,139,611 shares during the last quarter. EverSource Wealth Advisors LLC grew its stake in Deutsche Bank Aktiengesellschaft by 39.0% in the 1st quarter. EverSource Wealth Advisors LLC now owns 11,590 shares of the bank’s stock valued at $345,000 after buying an additional 3,254 shares during the last quarter. Finally, Royal Bank of Canada grew its stake in Deutsche Bank Aktiengesellschaft by 39.4% in the 1st quarter. Royal Bank of Canada now owns 2,228,726 shares of the bank’s stock valued at $66,370,000 after buying an additional 629,461 shares during the last quarter. Institutional investors and hedge funds own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Stock Up 0.1%

Deutsche Bank Aktiengesellschaft stock opened at $35.30 on Friday. The firm has a market capitalization of $68.49 billion, a PE ratio of 9.73, a P/E/G ratio of 0.48 and a beta of 0.93. The company’s 50-day moving average is $32.45 and its 200-day moving average is $34.51. Deutsche Bank Aktiengesellschaft has a fifty-two week low of $27.26 and a fifty-two week high of $40.43. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.74 and a quick ratio of 0.74.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last released its quarterly earnings data on Wednesday, April 29th. The bank reported $1.24 earnings per share for the quarter, topping the consensus estimate of $1.15 by $0.09. The company had revenue of $10.04 billion for the quarter, compared to analyst estimates of $9.85 billion. Deutsche Bank Aktiengesellschaft had a net margin of 10.43% and a return on equity of 7.69%. Sell-side analysts anticipate that Deutsche Bank Aktiengesellschaft will post 3.97 earnings per share for the current year.

About Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft is a global banking and financial services company headquartered in Frankfurt, Germany. Founded in 1870 to support German foreign trade, the firm has grown into a full-service bank offering a wide range of banking, advisory and transaction services to corporate, institutional, and private clients. Over its history the bank has expanded internationally and developed capabilities across capital markets, investment banking, retail and commercial banking, and wealth management.

The bank’s core business activities include corporate and investment banking—covering financing, advisory, sales and trading, and capital markets services—along with private & commercial banking for individual and small-to-medium enterprise clients.