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

Deutsche Bank Aktiengesellschaft (NYSE:DB) was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating in a report released on Saturday.

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

Deutsche Bank Aktiengesellschaft Price Performance

Shares of NYSE DB opened at $16.66 on Friday. Deutsche Bank Aktiengesellschaft has a 52-week low of $11.13 and a 52-week high of $17.95. The business has a 50-day moving average price of $16.96 and a 200 day moving average price of $16.47. The company has a debt-to-equity ratio of 1.47, a current ratio of 0.78 and a quick ratio of 0.78.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Caprock Group LLC boosted its holdings in shares of Deutsche Bank Aktiengesellschaft by 10.1% in the third quarter. Caprock Group LLC now owns 22,369 shares of the bank’s stock valued at $387,000 after acquiring an additional 2,056 shares in the last quarter. Baron Wealth Management LLC purchased a new stake in Deutsche Bank Aktiengesellschaft in the 3rd quarter valued at approximately $221,000. Natixis Advisors LLC increased its position in Deutsche Bank Aktiengesellschaft by 2.0% during the 3rd quarter. Natixis Advisors LLC now owns 354,479 shares of the bank’s stock worth $6,136,000 after purchasing an additional 7,062 shares during the period. Plato Investment Management Ltd purchased a new position in shares of Deutsche Bank Aktiengesellschaft during the 3rd quarter worth approximately $4,324,000. Finally, D Orazio & Associates Inc. acquired a new stake in shares of Deutsche Bank Aktiengesellschaft in the 3rd quarter valued at approximately $225,000. Institutional investors and hedge funds own 27.90% of the company’s stock.

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.