Deutsche Bank Aktiengesellschaft (NYSE:DB) PT Raised to €13.00

Deutsche Bank Aktiengesellschaft (NYSE:DBGet Rating) had its target price raised by stock analysts at Royal Bank of Canada from €12.50 ($13.44) to €13.00 ($13.98) in a report released on Friday, The Fly reports.

A number of other brokerages have also commented on DB. The Goldman Sachs Group began coverage on shares of Deutsche Bank Aktiengesellschaft in a research note on Wednesday, March 30th. They set a “buy” rating for the company. Kepler Capital Markets upgraded shares of Deutsche Bank Aktiengesellschaft to a “buy” rating and set a $15.40 price target for the company in a research note on Friday, April 8th. Citigroup upgraded shares of Deutsche Bank Aktiengesellschaft from a “sell” rating to a “neutral” rating in a research note on Friday, March 11th. Morgan Stanley set a €14.90 ($16.02) price target on shares of Deutsche Bank Aktiengesellschaft in a research note on Friday, April 22nd. Finally, StockNews.com started coverage on shares of Deutsche Bank Aktiengesellschaft in a research report on Thursday, March 31st. They set a “hold” rating on the stock. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, Deutsche Bank Aktiengesellschaft has an average rating of “Hold” and an average price target of $13.74.

Deutsche Bank Aktiengesellschaft stock opened at $10.24 on Friday. The company has a debt-to-equity ratio of 2.12, a quick ratio of 0.77 and a current ratio of 0.77. Deutsche Bank Aktiengesellschaft has a 52-week low of $9.46 and a 52-week high of $16.70. The firm has a 50 day moving average price of $12.08 and a two-hundred day moving average price of $12.88. The firm has a market cap of $21.16 billion, a price-to-earnings ratio of 7.70, a PEG ratio of 0.94 and a beta of 1.30.

Deutsche Bank Aktiengesellschaft (NYSE:DBGet Rating) last released its quarterly earnings data on Thursday, January 27th. The bank reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.22. The company had revenue of $6.75 billion during the quarter, compared to analyst estimates of $6.47 billion. Deutsche Bank Aktiengesellschaft had a net margin of 8.01% and a return on equity of 4.29%. As a group, equities research analysts predict that Deutsche Bank Aktiengesellschaft will post 1.75 EPS for the current fiscal year.

Institutional investors have recently added to or reduced their stakes in the stock. Cullen Frost Bankers Inc. purchased a new position in Deutsche Bank Aktiengesellschaft in the 4th quarter valued at approximately $28,000. Newbridge Financial Services Group Inc. purchased a new position in Deutsche Bank Aktiengesellschaft in the 1st quarter valued at approximately $38,000. Bessemer Group Inc. grew its stake in Deutsche Bank Aktiengesellschaft by 143.0% in the 4th quarter. Bessemer Group Inc. now owns 3,846 shares of the bank’s stock valued at $48,000 after buying an additional 2,263 shares in the last quarter. Maverick Capital Ltd. purchased a new position in Deutsche Bank Aktiengesellschaft in the 4th quarter valued at approximately $50,000. Finally, Retirement Planning Co of New England Inc. purchased a new position in shares of Deutsche Bank Aktiengesellschaft during the 4th quarter valued at $51,000.

About Deutsche Bank Aktiengesellschaft (Get Rating)

Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services to private individuals, corporate entities, and institutional clients worldwide. Its Corporate Bank segment provides cash management, trade finance and lending, trust and agency, foreign exchange, and securities services, as well as risk management solutions.

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