Keefe, Bruyette & Woods upgraded shares of Deutsche Bank AG (NYSE:DB) from a market perform rating to an outperform rating in a research note published on Tuesday morning.

Other research analysts also recently issued reports about the stock. ValuEngine raised shares of Deutsche Bank AG from a hold rating to a buy rating in a research note on Tuesday, June 13th. BidaskClub raised shares of Deutsche Bank AG from a hold rating to a buy rating in a research note on Tuesday, July 11th. DZ Bank AG reaffirmed a buy rating on shares of Deutsche Bank AG in a research note on Friday, May 19th. Finally, Zacks Investment Research raised shares of Deutsche Bank AG from a hold rating to a buy rating and set a $18.00 target price on the stock in a research note on Tuesday, August 22nd. Seven equities research analysts have rated the stock with a sell rating, six have assigned a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of Hold and an average price target of $17.21.

Shares of Deutsche Bank AG (DB) opened at 16.93 on Tuesday. Deutsche Bank AG has a 1-year low of $11.19 and a 1-year high of $20.94. The stock has a 50 day moving average of $17.07 and a 200-day moving average of $17.79. The company’s market capitalization is $34.97 billion.

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A number of institutional investors have recently modified their holdings of the business. Cetera Investment Advisers purchased a new position in Deutsche Bank AG during the 2nd quarter valued at $368,000. Intellectus Partners LLC increased its position in Deutsche Bank AG by 24.8% during the 2nd quarter. Intellectus Partners LLC now owns 67,160 shares of the bank’s stock valued at $1,195,000 after purchasing an additional 13,348 shares during the period. Scotia Capital Inc. purchased a new position in Deutsche Bank AG during the 2nd quarter valued at $229,000. The Manufacturers Life Insurance Company purchased a new position in Deutsche Bank AG during the 2nd quarter valued at $27,950,000. Finally, Bluefin Trading LLC purchased a new position in Deutsche Bank AG during the 2nd quarter valued at $1,754,000. 22.52% of the stock is currently owned by institutional investors and hedge funds.

Deutsche Bank AG Company Profile

Analyst Recommendations for Deutsche Bank AG (NYSE:DB)

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