Deutsche Bank (DB) Earns Buy Rating from DZ Bank

DZ Bank restated their buy rating on shares of Deutsche Bank (NYSE:DB) in a research note issued to investors on Tuesday.

A number of other research firms have also recently issued reports on DB. Citigroup restated a sell rating on shares of Deutsche Bank in a research note on Tuesday, December 19th. UBS restated a neutral rating on shares of Deutsche Bank in a research note on Monday, December 11th. HSBC cut shares of Deutsche Bank from a buy rating to a hold rating in a research note on Monday, January 8th. ValuEngine cut shares of Deutsche Bank from a buy rating to a hold rating in a research note on Wednesday, February 7th. Finally, Bank of America upgraded shares of Deutsche Bank from an underperform rating to a neutral rating in a research note on Monday, February 19th. Four equities 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 company. Deutsche Bank presently has an average rating of Hold and a consensus price target of $18.08.

NYSE DB opened at $14.38 on Tuesday. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 2.44. The stock has a market cap of $29,327.51, a PE ratio of -23.97 and a beta of 1.44. Deutsche Bank has a 52-week low of $13.52 and a 52-week high of $20.23.



A number of institutional investors have recently modified their holdings of DB. Feinberg Stephen acquired a new stake in Deutsche Bank in the 4th quarter worth about $1,182,208,000. Amundi Pioneer Asset Management Inc. bought a new position in Deutsche Bank in the 4th quarter valued at about $303,402,000. LMR Partners LLP increased its holdings in Deutsche Bank by 247.3% in the 4th quarter. LMR Partners LLP now owns 3,722,717 shares of the bank’s stock valued at $70,947,000 after buying an additional 2,650,878 shares during the period. Schroder Investment Management Group increased its holdings in Deutsche Bank by 133.1% in the 4th quarter. Schroder Investment Management Group now owns 4,359,697 shares of the bank’s stock valued at $69,211,000 after buying an additional 2,489,535 shares during the period. Finally, Bank of Montreal Can increased its holdings in Deutsche Bank by 318.5% in the 4th quarter. Bank of Montreal Can now owns 2,035,105 shares of the bank’s stock valued at $38,727,000 after buying an additional 1,548,873 shares during the period. Institutional investors and hedge funds own 25.00% of the company’s stock.

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Deutsche Bank Company Profile

Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services to private individuals, affluent clients, and small and medium sized corporate clients worldwide. The company's Global Markets segment offers financial markets' products, such as bonds, equities and equity-linked products, exchange-traded and over-the-counter derivatives, foreign exchange, money market instruments, and structured products.

Analyst Recommendations for Deutsche Bank (NYSE:DB)

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