Deutsche Bank Aktiengesellschaft (NYSE:DB) Upgraded to Buy at StockNews.com

Deutsche Bank Aktiengesellschaft (NYSE:DB) was upgraded by stock analysts at StockNews.com from a “hold” rating to a “buy” rating in a research report issued on Saturday.

Separately, Barclays raised Deutsche Bank Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a report on Tuesday, September 3rd. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Deutsche Bank Aktiengesellschaft Stock Down 3.4 %

Deutsche Bank Aktiengesellschaft stock opened at $16.65 on Friday. The stock has a 50-day simple moving average of $16.96 and a 200 day simple moving average of $16.47. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 1.47. Deutsche Bank Aktiengesellschaft has a 12-month low of $11.13 and a 12-month high of $17.95.

Institutional Trading of Deutsche Bank Aktiengesellschaft

Several institutional investors and hedge funds have recently added to or reduced their stakes in DB. Aprio Wealth Management LLC grew its position in shares of Deutsche Bank Aktiengesellschaft by 4.3% during the 2nd quarter. Aprio Wealth Management LLC now owns 14,686 shares of the bank’s stock worth $234,000 after buying an additional 604 shares during the period. Cetera Advisors LLC grew its position in shares of Deutsche Bank Aktiengesellschaft by 9.2% during the 1st quarter. Cetera Advisors LLC now owns 11,826 shares of the bank’s stock worth $186,000 after buying an additional 1,001 shares during the period. Rhumbline Advisers grew its position in shares of Deutsche Bank Aktiengesellschaft by 4.3% during the 2nd quarter. Rhumbline Advisers now owns 30,018 shares of the bank’s stock worth $478,000 after buying an additional 1,230 shares during the period. EverSource Wealth Advisors LLC grew its position in shares of Deutsche Bank Aktiengesellschaft by 20.5% during the 1st quarter. EverSource Wealth Advisors LLC now owns 7,368 shares of the bank’s stock worth $118,000 after buying an additional 1,251 shares during the period. Finally, SG Americas Securities LLC grew its position in shares of Deutsche Bank Aktiengesellschaft by 1.3% during the 2nd quarter. SG Americas Securities LLC now owns 107,297 shares of the bank’s stock worth $1,710,000 after buying an additional 1,403 shares during the period. 27.90% of the stock is owned by institutional investors.

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.