Deutsche Bank Aktiengesellschaft (NYSE:DB) Upgraded to Buy at StockNews.com

StockNews.com upgraded shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) from a hold rating to a buy rating in a report issued on Wednesday.

Separately, Barclays raised shares of Deutsche Bank Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, September 3rd. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Deutsche Bank Aktiengesellschaft Stock Performance

Shares of Deutsche Bank Aktiengesellschaft stock opened at $17.18 on Wednesday. The firm has a fifty day moving average of $17.19 and a two-hundred day moving average of $16.51. The stock has a market capitalization of $35.51 billion, a price-to-earnings ratio of 8.81 and a beta of 1.21. The company has a debt-to-equity ratio of 1.47, a quick ratio of 0.78 and a current ratio of 0.78. Deutsche Bank Aktiengesellschaft has a 52 week low of $12.43 and a 52 week high of $18.07.

Institutional Trading of Deutsche Bank Aktiengesellschaft

Several institutional investors have recently added to or reduced their stakes in the company. Rothschild Investment LLC purchased a new stake in Deutsche Bank Aktiengesellschaft in the second quarter valued at $29,000. SYSTM Wealth Solutions LLC acquired a new stake in shares of Deutsche Bank Aktiengesellschaft in the 2nd quarter worth $31,000. Wilmington Savings Fund Society FSB acquired a new position in Deutsche Bank Aktiengesellschaft in the 3rd quarter valued at about $43,000. Benjamin F. Edwards & Company Inc. acquired a new stake in Deutsche Bank Aktiengesellschaft during the second quarter worth $135,000. Finally, Allworth Financial LP raised its stake in shares of Deutsche Bank Aktiengesellschaft by 3,738.1% in the 3rd quarter. Allworth Financial LP now owns 8,252 shares of the bank’s stock valued at $143,000 after acquiring an additional 8,037 shares during the period. Institutional investors own 27.90% of the company’s stock.

About Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft, a stock corporation, provides corporate and investment banking, and asset management products and services to private individuals, corporate entities, and institutional clients in Germany, the United Kingdom, rest of Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.