Deutsche Bank AG (NYSE:DB) reached a new 52-week low on Wednesday . The stock traded as low as $12.48 and last traded at $12.69, with a volume of 4,859,834 shares. The stock had previously closed at $12.58.

Several research firms have recently commented on DB. Vetr lowered shares of Deutsche Bank AG from a “buy” rating to a “hold” rating and set a $20.15 price target for the company. in a report on Friday, April 29th. Keefe, Bruyette & Woods reissued a “hold” rating on shares of Deutsche Bank AG in a research note on Tuesday, June 28th. DZ Bank AG reissued a “neutral” rating on shares of Deutsche Bank AG in a research note on Thursday, April 28th. Zacks Investment Research lowered shares of Deutsche Bank AG from a “buy” rating to a “hold” rating in a research note on Tuesday, May 3rd. Finally, Equinet Institutional Services reissued a “neutral” rating on shares of Deutsche Bank AG in a research note on Thursday, April 21st. Six investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and three have given a buy rating to the stock. Deutsche Bank AG currently has an average rating of “Hold” and an average target price of $21.00.

The firm’s market cap is $17.35 billion. The company has a 50 day moving average price of $14.31 and a 200-day moving average price of $16.76.

Several large investors have recently made changes to their positions in DB. BNP Paribas Arbitrage SA boosted its stake in shares of Deutsche Bank AG by 21.3% in the fourth quarter. BNP Paribas Arbitrage SA now owns 294,282 shares of the company’s stock worth $7,107,000 after buying an additional 51,770 shares during the period. Bank of Montreal Can boosted its stake 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. Finally, Vanguard Group Inc. boosted its stake 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.

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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