Shares of Deutsche Bank AG (NYSE:DB) have received a consensus rating of “Hold” from the nineteen research firms that are presently covering the company, MarketBeat Ratings reports. Nine equities research analysts have rated the stock with a sell rating, nine have given a hold rating and one has assigned a buy rating to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $7.01.

A number of equities research analysts have recently weighed in on the stock. Barclays reiterated a “sell” rating and issued a $5.00 price target on shares of Deutsche Bank in a research report on Wednesday, July 17th. UBS Group raised Deutsche Bank from a “sell” rating to a “neutral” rating and set a $7.53 price target on the stock in a research report on Friday, July 12th. Bank of America restated a “sell” rating on shares of Deutsche Bank in a research note on Monday, July 8th. Zacks Investment Research cut Deutsche Bank from a “hold” rating to a “sell” rating and set a $8.00 price objective for the company. in a report on Monday. Finally, DZ Bank reiterated a “neutral” rating on shares of Deutsche Bank in a research report on Wednesday, July 24th.

A number of large investors have recently made changes to their positions in the stock. Janus Henderson Group PLC lifted its stake in Deutsche Bank by 0.9% during the first quarter. Janus Henderson Group PLC now owns 668,300 shares of the bank’s stock worth $5,433,000 after purchasing an additional 5,881 shares during the last quarter. Banco Santander S.A. boosted its holdings in shares of Deutsche Bank by 110.0% in the 2nd quarter. Banco Santander S.A. now owns 345,251 shares of the bank’s stock valued at $2,664,000 after purchasing an additional 180,836 shares in the last quarter. IPG Investment Advisors LLC acquired a new stake in shares of Deutsche Bank in the 1st quarter valued at $514,000. Comerica Bank bought a new position in shares of Deutsche Bank in the 2nd quarter valued at $876,000. Finally, BNP Paribas Arbitrage SA increased its stake in shares of Deutsche Bank by 28.0% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 120,052 shares of the bank’s stock valued at $916,000 after purchasing an additional 26,273 shares during the last quarter. 21.95% of the stock is currently owned by institutional investors and hedge funds.

NYSE:DB traded down $0.07 during mid-day trading on Friday, reaching $8.23. 583,590 shares of the company’s stock were exchanged, compared to its average volume of 6,629,139. Deutsche Bank has a one year low of $6.44 and a one year high of $12.52. The company has a debt-to-equity ratio of 2.32, a quick ratio of 0.72 and a current ratio of 0.72. The business’s fifty day simple moving average is $7.45 and its two-hundred day simple moving average is $7.84. The firm has a market capitalization of $16.89 billion, a PE ratio of -823.50 and a beta of 1.53.

Deutsche Bank (NYSE:DB) last posted its quarterly earnings data on Wednesday, July 24th. The bank reported ($1.86) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.17 by ($2.03). Deutsche Bank had a negative net margin of 8.73% and a negative return on equity of 4.63%. The business had revenue of $6.97 billion during the quarter. As a group, equities research analysts forecast that Deutsche Bank will post 0.16 EPS for the current year.

About Deutsche Bank

Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services to private individuals, corporate entities, and institutional clients worldwide. It operates through three segments: Corporate & Investment Bank (CIB), Private & Commercial Bank (PCB), and Deutsche Asset Management.

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Analyst Recommendations for Deutsche Bank (NYSE:DB)

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