Deutsche Bank AG (NYSE:DB)’s share price gapped down before the market opened on Wednesday . The stock had previously closed at $9.24, but opened at $9.05. Deutsche Bank shares last traded at $8.78, with a volume of 7836339 shares traded.
Several equities analysts recently issued reports on DB shares. Goldman Sachs Group restated a “hold” rating on shares of Deutsche Bank in a research note on Tuesday, November 20th. Barclays set a $8.00 price objective on Deutsche Bank and gave the stock a “sell” rating in a research note on Tuesday, November 20th. equinet restated a “hold” rating on shares of Deutsche Bank in a research note on Thursday, November 22nd. Zacks Investment Research cut Deutsche Bank from a “hold” rating to a “sell” rating in a research note on Tuesday, November 27th. Finally, Morgan Stanley restated a “sell” rating on shares of Deutsche Bank in a research note on Tuesday, November 27th. Nine analysts have rated the stock with a sell rating and ten have given a hold rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $11.00.
The company has a debt-to-equity ratio of 2.28, a current ratio of 0.77 and a quick ratio of 0.77. The stock has a market capitalization of $19.14 billion, a price-to-earnings ratio of -14.63 and a beta of 1.37.
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Deutsche Bank Company Profile (NYSE:DB)
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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