Deutsche Bank Aktiengesellschaft (NYSE:DB) Raised to Buy at StockNews.com

Deutsche Bank Aktiengesellschaft (NYSE:DB) was upgraded by research analysts at StockNews.com from a “hold” rating to a “buy” rating in a research note issued on Wednesday.

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

Deutsche Bank Aktiengesellschaft Trading Down 0.3 %

NYSE DB opened at $17.12 on Wednesday. Deutsche Bank Aktiengesellschaft has a 12 month low of $12.43 and a 12 month high of $18.07. The company’s 50-day moving average price is $17.18 and its 200-day moving average price is $16.52. The stock has a market cap of $35.38 billion, a PE ratio of 8.78 and a beta of 1.21. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 1.47.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Rothschild Investment LLC bought a new position in shares of Deutsche Bank Aktiengesellschaft in the 2nd quarter worth $29,000. SYSTM Wealth Solutions LLC purchased a new position in Deutsche Bank Aktiengesellschaft in the second quarter valued at about $31,000. Wilmington Savings Fund Society FSB bought a new position in Deutsche Bank Aktiengesellschaft in the third quarter worth about $43,000. Benjamin F. Edwards & Company Inc. bought a new stake in shares of Deutsche Bank Aktiengesellschaft in the 2nd quarter valued at about $135,000. Finally, Allworth Financial LP grew its position in shares of Deutsche Bank Aktiengesellschaft by 3,738.1% in the 3rd quarter. Allworth Financial LP now owns 8,252 shares of the bank’s stock worth $143,000 after buying an additional 8,037 shares during the last quarter. Hedge funds and other institutional investors own 27.90% of the company’s stock.

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.