Keefe, Bruyette & Woods downgraded shares of Deutsche Bank AG (NYSE:DB) from a market perform rating to an underperform rating in a research report sent to investors on Monday morning, Marketbeat.com reports.

DB has been the subject of several other reports. Macquarie lowered Deutsche Bank AG from an outperform rating to a neutral rating and set a $18.03 target price for the company. in a report on Friday, July 28th. DZ Bank AG reaffirmed a buy rating on shares of Deutsche Bank AG in a report on Thursday, July 27th. ValuEngine raised Deutsche Bank AG from a hold rating to a buy rating in a report on Tuesday, September 26th. HSBC Holdings PLC raised Deutsche Bank AG from a hold rating to a buy rating in a report on Tuesday, November 14th. Finally, BidaskClub lowered Deutsche Bank AG from a sell rating to a strong sell rating in a report on Friday, August 11th. Five equities research analysts have rated the stock with a sell rating, five have given a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average price target of $19.26.

Deutsche Bank AG (NYSE DB) opened at $18.91 on Monday. The company has a market capitalization of $39,289.36, a P/E ratio of 12.76 and a beta of 1.37. Deutsche Bank AG has a fifty-two week low of $15.09 and a fifty-two week high of $20.94. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 2.35.

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Hedge funds have recently modified their holdings of the stock. Bronfman E.L. Rothschild L.P. grew its holdings in Deutsche Bank AG by 83.6% in the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 6,132 shares of the bank’s stock worth $109,000 after buying an additional 2,793 shares in the last quarter. Lipe & Dalton bought a new position in Deutsche Bank AG in the 2nd quarter worth approximately $2,372,000. The Manufacturers Life Insurance Company bought a new position in Deutsche Bank AG in the 2nd quarter worth approximately $27,950,000. Sciencast Management LP grew its holdings in Deutsche Bank AG by 31.2% in the 2nd quarter. Sciencast Management LP now owns 59,596 shares of the bank’s stock worth $1,060,000 after buying an additional 14,179 shares in the last quarter. Finally, AXA grew its holdings in Deutsche Bank AG by 2.3% in the 2nd quarter. AXA now owns 551,872 shares of the bank’s stock worth $9,817,000 after buying an additional 12,310 shares in the last quarter. 21.85% of the stock is owned by institutional investors and hedge funds.

About Deutsche Bank AG

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