Deutsche Bank (NYSE:DB) Receives “Sell” Rating from Barclays

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Barclays restated their sell rating on shares of Deutsche Bank (NYSE:DB) in a research report released on Wednesday morning, AnalystRatings.com reports. Barclays currently has a $5.00 price objective on the bank’s stock.

A number of other equities analysts have also issued reports on DB. DZ Bank reiterated a neutral rating on shares of Basf in a research report on Tuesday, July 9th. ValuEngine lowered shares of Welbilt from a hold rating to a sell rating in a research report on Wednesday, June 12th. UBS Group reiterated a buy rating on shares of Linde in a research report on Friday, July 12th. Bank of America reiterated a sell rating on shares of Deutsche Bank in a research report on Monday, July 8th. Finally, Royal Bank of Canada reiterated a sell rating and issued a $7.50 target price on shares of Deutsche Bank in a research report on Thursday, April 25th. Eight investment analysts have rated the stock with a sell rating and eleven have assigned a hold rating to the stock. Deutsche Bank has an average rating of Hold and an average price target of $7.27.

Shares of DB opened at $7.72 on Wednesday. The firm has a 50-day moving average of $7.29. The company has a market cap of $15.96 billion, a price-to-earnings ratio of -772.00 and a beta of 1.51. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 2.27. Deutsche Bank has a 52-week low of $6.61 and a 52-week high of $13.17.

Deutsche Bank (NYSE:DB) last announced its earnings results on Friday, April 26th. The bank reported $0.09 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.07 by $0.02. The firm had revenue of $7.21 billion during the quarter. Deutsche Bank had a net margin of 0.92% and a return on equity of 0.49%. As a group, research analysts anticipate that Deutsche Bank will post 0.34 earnings per share for the current fiscal year.

Several large investors have recently bought and sold shares of the company. Hudson Executive Capital LP boosted its position in shares of Deutsche Bank by 8.8% during the 4th quarter. Hudson Executive Capital LP now owns 64,861,476 shares of the bank’s stock valued at $528,624,000 after purchasing an additional 5,270,000 shares in the last quarter. Norges Bank acquired a new position in shares of Deutsche Bank in the fourth quarter worth about $161,774,000. DekaBank Deutsche Girozentrale boosted its holdings in shares of Deutsche Bank by 12.0% in the first quarter. DekaBank Deutsche Girozentrale now owns 17,752,113 shares of the bank’s stock worth $200,006,000 after buying an additional 1,904,859 shares during the period. Amundi Pioneer Asset Management Inc. boosted its holdings in shares of Deutsche Bank by 14.6% in the fourth quarter. Amundi Pioneer Asset Management Inc. now owns 16,219,213 shares of the bank’s stock worth $132,185,000 after buying an additional 2,065,264 shares during the period. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of Deutsche Bank by 5.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 5,979,508 shares of the bank’s stock worth $48,733,000 after buying an additional 326,350 shares during the period. Institutional investors own 19.34% of the company’s stock.

Deutsche Bank Company Profile

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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Analyst Recommendations for Deutsche Bank (NYSE:DB)

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