Deutsche Bank Aktiengesellschaft (NYSE:DB) PT Raised to €11.50

Deutsche Bank Aktiengesellschaft (NYSE:DBGet Rating) had its target price boosted by Barclays from €11.00 ($11.34) to €11.50 ($11.86) in a research note issued to investors on Monday, The Fly reports.

Several other brokerages have also commented on DB. Credit Suisse Group increased their price objective on Deutsche Bank Aktiengesellschaft from €10.00 ($10.31) to €10.50 ($10.82) and gave the company an “underperform” rating in a research report on Thursday, October 27th. StockNews.com initiated coverage on Deutsche Bank Aktiengesellschaft in a report on Wednesday, October 12th. They set a “buy” rating for the company. Morgan Stanley dropped their target price on Deutsche Bank Aktiengesellschaft from €15.00 ($15.46) to €14.00 ($14.43) and set an “equal weight” rating for the company in a report on Thursday, October 13th. Finally, Royal Bank of Canada increased their target price on Deutsche Bank Aktiengesellschaft from €11.00 ($11.34) to €11.50 ($11.86) in a report on Tuesday, November 1st. One analyst has rated the stock with a sell rating, seven have given a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $12.96.

Deutsche Bank Aktiengesellschaft Price Performance

Shares of Deutsche Bank Aktiengesellschaft stock opened at $10.55 on Monday. The company has a current ratio of 0.72, a quick ratio of 0.79 and a debt-to-equity ratio of 2.06. The firm has a market capitalization of $21.80 billion, a PE ratio of 6.28, a price-to-earnings-growth ratio of 0.70 and a beta of 1.41. The business’s 50-day moving average price is $8.83 and its 200-day moving average price is $9.12. Deutsche Bank Aktiengesellschaft has a 12 month low of $7.24 and a 12 month high of $16.70.

Institutional Investors Weigh In On Deutsche Bank Aktiengesellschaft

Several institutional investors and hedge funds have recently bought and sold shares of the business. Brinker Capital Investments LLC lifted its stake in shares of Deutsche Bank Aktiengesellschaft by 2.2% in the 3rd quarter. Brinker Capital Investments LLC now owns 59,590 shares of the bank’s stock valued at $441,000 after purchasing an additional 1,280 shares during the period. Private Advisor Group LLC lifted its stake in shares of Deutsche Bank Aktiengesellschaft by 9.9% in the 2nd quarter. Private Advisor Group LLC now owns 14,580 shares of the bank’s stock valued at $127,000 after purchasing an additional 1,319 shares during the period. Parallel Advisors LLC lifted its stake in shares of Deutsche Bank Aktiengesellschaft by 47.4% in the 2nd quarter. Parallel Advisors LLC now owns 4,498 shares of the bank’s stock valued at $39,000 after purchasing an additional 1,446 shares during the period. Quadrant Capital Group LLC lifted its stake in shares of Deutsche Bank Aktiengesellschaft by 15.3% in the 3rd quarter. Quadrant Capital Group LLC now owns 14,409 shares of the bank’s stock valued at $107,000 after purchasing an additional 1,907 shares during the period. Finally, Edmond DE Rothschild Holding S.A. lifted its stake in shares of Deutsche Bank Aktiengesellschaft by 384.8% in the 1st quarter. Edmond DE Rothschild Holding S.A. now owns 2,545 shares of the bank’s stock valued at $33,000 after purchasing an additional 2,020 shares during the period.

Deutsche Bank Aktiengesellschaft Company Profile

(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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