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

Deutsche Bank Aktiengesellschaft (NYSE:DB) has been assigned an average rating of “Moderate Buy” from the six analysts that are covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company.

Several equities research analysts recently weighed in on the stock. Morgan Stanley reaffirmed an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Friday, March 7th. StockNews.com upgraded Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note on Wednesday, February 5th. Cfra Research upgraded shares of Deutsche Bank Aktiengesellschaft from a “moderate sell” rating to a “hold” rating in a report on Wednesday, April 30th. Citigroup reissued a “neutral” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. Finally, Royal Bank of Canada reaffirmed an “outperform” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, March 24th.

Deutsche Bank Aktiengesellschaft Stock Performance

DB opened at $28.57 on Friday. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.74 and a quick ratio of 0.78. The business has a fifty day simple moving average of $24.58 and a 200 day simple moving average of $20.73. Deutsche Bank Aktiengesellschaft has a 1 year low of $13.70 and a 1 year high of $28.61. The company has a market capitalization of $56.91 billion, a PE ratio of 20.55 and a beta of 1.00.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last released its quarterly earnings results on Tuesday, April 29th. The bank reported $1.04 EPS for the quarter, beating 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 business had revenue of $8.97 billion for the quarter, compared to the consensus estimate of $7.95 billion. Research analysts expect that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Zions Bancorporation National Association UT bought a new stake in Deutsche Bank Aktiengesellschaft during the first quarter valued at $39,000. Farther Finance Advisors LLC lifted its stake in shares of Deutsche Bank Aktiengesellschaft by 96.5% in the 1st quarter. Farther Finance Advisors LLC now owns 1,629 shares of the bank’s stock valued at $39,000 after purchasing an additional 800 shares during the period. MassMutual Private Wealth & Trust FSB grew its stake in Deutsche Bank Aktiengesellschaft by 21.3% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 2,412 shares of the bank’s stock worth $57,000 after purchasing an additional 424 shares during the period. Jones Financial Companies Lllp increased its holdings in Deutsche Bank Aktiengesellschaft by 1,270.5% in the fourth quarter. Jones Financial Companies Lllp now owns 4,043 shares of the bank’s stock worth $69,000 after purchasing an additional 3,748 shares in the last quarter. Finally, Kayne Anderson Rudnick Investment Management LLC lifted its stake in Deutsche Bank Aktiengesellschaft by 28,293.3% in the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 4,259 shares of the bank’s stock valued at $101,000 after buying an additional 4,244 shares during the period. 27.90% of the stock is owned by institutional investors.

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.