Brokerages Set Deutsche Bank Aktiengesellschaft (NYSE:DB) Price Target at $43.00

Deutsche Bank Aktiengesellschaft (NYSE:DB) has been given an average rating of “Hold” by the ten research firms that are currently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and four have given a buy recommendation to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $43.00.

Several equities research analysts have commented on the stock. Oddo Bhf upgraded shares of Deutsche Bank Aktiengesellschaft to an “outperform” rating in a research report on Friday, May 8th. Keefe, Bruyette & Woods upgraded Deutsche Bank Aktiengesellschaft from a “moderate sell” rating to a “hold” rating in a research note on Thursday, July 9th. Weiss Ratings raised shares of Deutsche Bank Aktiengesellschaft from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, July 29th. Royal Bank Of Canada restated an “outperform” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Thursday, July 30th. Finally, Citigroup reiterated a “neutral” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, July 20th.

Institutional Investors Weigh In On Deutsche Bank Aktiengesellschaft

A number of institutional investors and hedge funds have recently bought and sold shares of DB. Pinnacle Holdings LLC purchased a new position in shares of Deutsche Bank Aktiengesellschaft during the second quarter valued at approximately $841,000. Plato Investment Management Ltd purchased a new stake in Deutsche Bank Aktiengesellschaft during the second quarter valued at $1,244,000. Valeo Financial Advisors LLC grew its stake in shares of Deutsche Bank Aktiengesellschaft by 43.2% during the 2nd quarter. Valeo Financial Advisors LLC now owns 9,756 shares of the bank’s stock valued at $329,000 after purchasing an additional 2,943 shares during the period. Gradient Investments LLC increased its position in shares of Deutsche Bank Aktiengesellschaft by 7.7% during the 2nd quarter. Gradient Investments LLC now owns 160,989 shares of the bank’s stock valued at $5,435,000 after purchasing an additional 11,530 shares during the last quarter. Finally, GAMMA Investing LLC increased its stake in shares of Deutsche Bank Aktiengesellschaft by 51.6% in the second quarter. GAMMA Investing LLC now owns 814 shares of the bank’s stock worth $27,000 after purchasing an additional 277 shares in the last quarter. 27.90% of the stock is owned by hedge funds and other institutional investors.

Deutsche Bank Aktiengesellschaft Price Performance

DB stock opened at $38.55 on Monday. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.35. The company has a market capitalization of $74.79 billion, a P/E ratio of 10.28, a PEG ratio of 0.54 and a beta of 0.94. The business has a 50 day simple moving average of $35.50 and a 200-day simple moving average of $33.88. Deutsche Bank Aktiengesellschaft has a twelve month low of $28.12 and a twelve month high of $40.43.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last issued its quarterly earnings data on Thursday, July 30th. The bank reported $0.66 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.91 by ($0.25). The company had revenue of $9.68 billion for the quarter, compared to analyst estimates of $9.30 billion. Deutsche Bank Aktiengesellschaft had a return on equity of 8.46% and a net margin of 11.53%. As a group, equities analysts anticipate that Deutsche Bank Aktiengesellschaft will post 3.88 EPS for the current year.

Deutsche Bank Aktiengesellschaft Company Profile

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.