Shares of Deutsche Bank AG (NYSE:DB) were up 7% on Tuesday . The company traded as high as $14.24 and last traded at $14.23, with a volume of 5,625,104 shares changing hands. The stock had previously closed at $13.30.

A number of analysts have recently weighed in on DB shares. Vetr cut shares of Deutsche Bank AG from a “hold” rating to a “sell” rating and set a $16.96 price target on the stock. in a report on Monday, June 27th. Zacks Investment Research cut shares of Deutsche Bank AG from a “hold” rating to a “strong sell” rating in a research note on Monday, May 9th. DZ Bank AG reiterated a “neutral” rating on shares of Deutsche Bank AG in a research note on Monday, June 27th. Societe Generale reiterated a “sell” rating on shares of Deutsche Bank AG in a research note on Monday, June 13th. Finally, JPMorgan Chase & Co. reiterated a “buy” rating on shares of Deutsche Bank AG in a research note on Monday, April 11th. Five investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and three have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $21.00.

The firm’s 50-day moving average is $15.74 and its 200-day moving average is $17.76. The stock’s market capitalization is $19.27 billion.

Other hedge funds have recently added to or reduced their stakes in the company. Schroder Investment Management Group raised its stake in Deutsche Bank AG by 7.8% in the fourth quarter. Schroder Investment Management Group now owns 9,025,293 shares of the company’s stock worth $203,294,000 after buying an additional 649,298 shares during the last quarter. Bank of Montreal Can increased its position in shares of Deutsche Bank AG by 304.2% in the fourth quarter. Bank of Montreal Can now owns 967,919 shares of the company’s stock worth $23,375,000 after buying an additional 728,448 shares during the period. Vanguard Group Inc. increased its position in shares of Deutsche Bank AG by 2.8% in the fourth quarter. Vanguard Group Inc. now owns 29,308,802 shares of the company’s stock worth $707,807,000 after buying an additional 811,605 shares during the period. Mandatum Life Insurance Co Ltd acquired a new position in shares of Deutsche Bank AG during the fourth quarter worth about $1,455,000. Finally, Stevens Capital Management LP increased its position in shares of Deutsche Bank AG by 1,489.8% in the fourth quarter. Stevens Capital Management LP now owns 179,294 shares of the company’s stock worth $4,330,000 after buying an additional 168,016 shares during the period.

Deutsche Bank AG is a global investment bank. The Bank is a financial services provider to Indian corporate, institutional and individual clients. It operates through five corporate divisions: Corporate Banking & Securities (CB&S), Private & Business Clients (PBC), Global Transaction Banking (GTB), Deutsche Asset & Wealth Management (Deutsche AWM) and Non-Core Operations Unit (NCOU).

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