DZ Bank reiterated their neutral rating on shares of Deutsche Bank (NYSE:DB) in a report issued on Wednesday, Borsen Zeitung reports.

DB has been the topic of several other research reports. Zacks Investment Research lowered shares of Deutsche Bank from a hold rating to a sell rating and set a $8.00 price objective on the stock. in a research note on Monday, September 9th. UBS Group reissued a neutral rating on shares of Deutsche Bank in a research note on Tuesday, October 15th. Seven equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the company. The stock has an average rating of Hold and a consensus target price of $7.01.

Shares of NYSE DB opened at $7.48 on Wednesday. Deutsche Bank has a 1 year low of $6.44 and a 1 year high of $9.47. The company has a current ratio of 1.14, a quick ratio of 0.72 and a debt-to-equity ratio of 2.27. The company’s 50-day moving average is $7.43 and its 200 day moving average is $7.45.

Deutsche Bank (NYSE:DB) last announced its quarterly earnings results on Wednesday, October 30th. The bank reported ($0.46) earnings per share (EPS) for the quarter. Deutsche Bank had a negative net margin of 11.99% and a negative return on equity of 6.33%. The company had revenue of $5.85 billion for the quarter. On average, research analysts anticipate that Deutsche Bank will post -0.2 EPS for the current fiscal year.

Large investors have recently bought and sold shares of the stock. Parametric Portfolio Associates LLC lifted its stake in shares of Deutsche Bank by 46.5% in the third quarter. Parametric Portfolio Associates LLC now owns 2,602,948 shares of the bank’s stock worth $19,522,000 after buying an additional 826,564 shares in the last quarter. Stifel Financial Corp lifted its stake in shares of Deutsche Bank by 34.5% in the third quarter. Stifel Financial Corp now owns 14,815 shares of the bank’s stock worth $112,000 after buying an additional 3,804 shares in the last quarter. Virtu Financial LLC lifted its stake in shares of Deutsche Bank by 121.9% in the third quarter. Virtu Financial LLC now owns 33,646 shares of the bank’s stock worth $252,000 after buying an additional 18,485 shares in the last quarter. Voya Investment Management LLC lifted its stake in shares of Deutsche Bank by 38.7% in the third quarter. Voya Investment Management LLC now owns 306,452 shares of the bank’s stock worth $2,296,000 after buying an additional 85,546 shares in the last quarter. Finally, Tower Research Capital LLC TRC lifted its stake in shares of Deutsche Bank by 798.4% in the third quarter. Tower Research Capital LLC TRC now owns 3,899 shares of the bank’s stock worth $29,000 after buying an additional 3,465 shares in the last quarter. 21.75% of the stock is currently owned by institutional investors and hedge funds.

Deutsche Bank Company Profile

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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