ValuEngine Lowers Deutsche Bank (DB) to Hold
Deutsche Bank (NYSE:DB) was downgraded by investment analysts at ValuEngine from a “buy” rating to a “hold” rating in a report issued on Wednesday.
A number of other equities research analysts have also recently commented on DB. DZ Bank reaffirmed a “buy” rating on shares of Deutsche Bank in a report on Thursday, October 26th. Zacks Investment Research raised shares of Deutsche Bank from a “strong sell” rating to a “hold” rating in a report on Monday, November 6th. raised shares of Deutsche Bank from a “hold” rating to a “buy” rating and upped their target price for the company from $17.93 to $18.20 in a report on Tuesday, November 14th. HSBC raised shares of Deutsche Bank from a “hold” rating to a “buy” rating in a report on Tuesday, November 14th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Deutsche Bank in a report on Monday, November 20th. Five research analysts have rated the stock with a sell rating, nine have given a hold rating and two have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $18.08.
Deutsche Bank (NYSE:DB) opened at $15.49 on Wednesday. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 2.35. Deutsche Bank has a 12 month low of $15.48 and a 12 month high of $20.71. The stock has a market cap of $33,254.38, a price-to-earnings ratio of 10.80, a price-to-earnings-growth ratio of 2.93 and a beta of 1.23.
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Deutsche Bank Company Profile
Deutsche Bank AG is a bank and holding company for its subsidiaries. The Company offers a range of investment, financial and related products and services to private individuals, corporate entities and institutional clients. It operates through six divisions: Global Markets, which offers financial products, including trading and hedging services to institutions and corporate clients; Corporate & Investment Banking, which brings together its commercial banking, corporate finance and transaction banking capability; Private, Wealth and Commercial Clients, which combines its capability in private and commercial banking, as well as in wealth management solutions; Deutsche Asset Management, whose investment capabilities span both active and passive strategies and an array of asset classes, including equities, fixed income, real estate and sustainable investments; Postbank, which is a German financial service provider for retail, business and corporate clients, and Non-Core Operations Unit.
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