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

Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) have received a consensus rating of “Moderate Buy” from the six ratings firms that are covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company.

A number of equities research analysts have recently commented on DB shares. Royal Bank of Canada reiterated an “outperform” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, March 24th. Barclays reaffirmed an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. The Goldman Sachs Group raised Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a research note on Thursday, January 30th. Cfra Research upgraded Deutsche Bank Aktiengesellschaft from a “moderate sell” rating to a “hold” rating in a report on Wednesday, April 30th. Finally, Citigroup reaffirmed a “neutral” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, February 3rd.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Capital International Investors grew its stake in Deutsche Bank Aktiengesellschaft by 9.4% during the 4th quarter. Capital International Investors now owns 87,660,818 shares of the bank’s stock valued at $1,510,097,000 after acquiring an additional 7,558,488 shares in the last quarter. Vanguard Group Inc. grew its position in Deutsche Bank Aktiengesellschaft by 0.5% during the first quarter. Vanguard Group Inc. now owns 79,404,821 shares of the bank’s stock valued at $1,892,773,000 after purchasing an additional 370,319 shares in the last quarter. Deutsche Bank AG increased its stake in Deutsche Bank Aktiengesellschaft by 10.0% in the 1st quarter. Deutsche Bank AG now owns 47,662,928 shares of the bank’s stock valued at $1,135,808,000 after buying an additional 4,322,086 shares during the period. Norges Bank purchased a new stake in Deutsche Bank Aktiengesellschaft in the 4th quarter worth approximately $773,016,000. Finally, Amundi boosted its stake in shares of Deutsche Bank Aktiengesellschaft by 23.6% during the 4th quarter. Amundi now owns 39,176,325 shares of the bank’s stock valued at $678,926,000 after buying an additional 7,484,594 shares during the period. 27.90% of the stock is owned by institutional investors and hedge funds.

Deutsche Bank Aktiengesellschaft Price Performance

Shares of Deutsche Bank Aktiengesellschaft stock opened at $28.49 on Friday. Deutsche Bank Aktiengesellschaft has a 52 week low of $13.70 and a 52 week high of $29.07. The company has a current ratio of 0.74, a quick ratio of 0.78 and a debt-to-equity ratio of 1.45. The stock has a market cap of $56.75 billion, a PE ratio of 20.50 and a beta of 1.00. The company’s 50-day moving average price is $24.78 and its two-hundred day moving average price is $20.84.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last announced its quarterly earnings data on Tuesday, April 29th. The bank reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.85 by $0.19. Deutsche Bank Aktiengesellschaft had a net margin of 4.66% and a return on equity of 3.90%. The company had revenue of $8.97 billion for the quarter, compared to analysts’ expectations of $7.95 billion. As a group, sell-side analysts anticipate that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current fiscal year.

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.