Deutsche Bank Aktiengesellschaft (NYSE:DB) Given Consensus Rating of “Hold” by Analysts

Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) have received a consensus rating of “Hold” from the five analysts that are covering the stock, MarketBeat reports. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company.

A number of equities analysts recently issued reports on the company. Morgan Stanley upgraded Deutsche Bank Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a report on Wednesday, March 27th. Erste Group Bank upgraded shares of Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a report on Wednesday, March 13th. StockNews.com upgraded shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a report on Monday, March 18th. Finally, Citigroup downgraded Deutsche Bank Aktiengesellschaft from a “buy” rating to a “neutral” rating in a research note on Wednesday, January 31st.

Hedge Funds Weigh In On Deutsche Bank Aktiengesellschaft

Hedge funds and other institutional investors have recently modified their holdings of the business. Drive Wealth Management LLC lifted its holdings in Deutsche Bank Aktiengesellschaft by 8.4% during the first quarter. Drive Wealth Management LLC now owns 12,024 shares of the bank’s stock worth $190,000 after acquiring an additional 934 shares during the period. First Trust Direct Indexing L.P. grew its position in Deutsche Bank Aktiengesellschaft by 1.3% during the first quarter. First Trust Direct Indexing L.P. now owns 47,872 shares of the bank’s stock valued at $755,000 after buying an additional 630 shares during the period. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH increased its holdings in Deutsche Bank Aktiengesellschaft by 10.4% during the first quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH now owns 1,620,402 shares of the bank’s stock worth $25,519,000 after buying an additional 152,498 shares during the last quarter. Radnor Capital Management LLC boosted its stake in Deutsche Bank Aktiengesellschaft by 7.6% in the first quarter. Radnor Capital Management LLC now owns 48,200 shares of the bank’s stock valued at $760,000 after acquiring an additional 3,400 shares during the last quarter. Finally, Aprio Wealth Management LLC grew its position in shares of Deutsche Bank Aktiengesellschaft by 8.1% during the 1st quarter. Aprio Wealth Management LLC now owns 14,082 shares of the bank’s stock valued at $222,000 after acquiring an additional 1,050 shares during the period. Hedge funds and other institutional investors own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Price Performance

Deutsche Bank Aktiengesellschaft stock opened at $16.50 on Friday. The stock’s 50 day moving average price is $14.73 and its two-hundred day moving average price is $13.20. The stock has a market capitalization of $34.10 billion, a price-to-earnings ratio of 7.53, a PEG ratio of 0.90 and a beta of 1.32. The company has a debt-to-equity ratio of 1.56, a quick ratio of 1.14 and a current ratio of 1.14. Deutsche Bank Aktiengesellschaft has a 52-week low of $9.82 and a 52-week high of $16.50.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last issued its earnings results on Friday, February 2nd. The bank reported $0.72 EPS for the quarter, beating analysts’ consensus estimates of $0.37 by $0.35. The business had revenue of $5.81 billion during the quarter, compared to analyst estimates of $7.46 billion. Deutsche Bank Aktiengesellschaft had a return on equity of 5.37% and a net margin of 6.86%. On average, equities analysts predict that Deutsche Bank Aktiengesellschaft will post 2.22 earnings per share for the current year.

Deutsche Bank Aktiengesellschaft Company Profile

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.