Shares of Deutsche Bank AG (NYSE:DB) have received an average recommendation of “Hold” from the fifteen brokerages that are covering the firm, MarketBeat.com reports. Four investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have assigned a buy rating to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $18.20.
A number of analysts have recently commented on DB shares. upgraded Deutsche Bank from a “hold” rating to a “buy” rating and boosted their price objective for the company from $17.93 to $18.20 in a research report on Tuesday, November 14th. HSBC upgraded Deutsche Bank from a “hold” rating to a “buy” rating in a research report on Tuesday, November 14th. JPMorgan Chase & Co. restated a “neutral” rating on shares of Deutsche Bank in a research report on Monday, November 20th. Keefe, Bruyette & Woods cut Deutsche Bank from a “market perform” rating to an “underperform” rating in a research report on Monday, November 20th. Finally, Citigroup restated a “sell” rating on shares of Deutsche Bank in a research report on Tuesday, November 21st.
Deutsche Bank (NYSE:DB) opened at $16.06 on Wednesday. The firm has a market capitalization of $32,990.00, a P/E ratio of 38.24 and a beta of 1.29. Deutsche Bank has a 12-month low of $15.06 and a 12-month high of $20.23. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 2.35.
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About Deutsche Bank
Deutsche Bank AG is a bank and holding company for its subsidiaries. The Company offers a range of investment, financial and related products and services to private individuals, corporate entities and institutional clients. It operates through six divisions: Global Markets, which offers financial products, including trading and hedging services to institutions and corporate clients; Corporate & Investment Banking, which brings together its commercial banking, corporate finance and transaction banking capability; Private, Wealth and Commercial Clients, which combines its capability in private and commercial banking, as well as in wealth management solutions; Deutsche Asset Management, whose investment capabilities span both active and passive strategies and an array of asset classes, including equities, fixed income, real estate and sustainable investments; Postbank, which is a German financial service provider for retail, business and corporate clients, and Non-Core Operations Unit.
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