A number of other brokerages have also recently weighed in on DB. JPMorgan Chase & Co. lowered their price target on Deutsche Bank Aktiengesellschaft from €15.00 ($15.31) to €13.00 ($13.27) and set an “overweight” rating on the stock in a research report on Tuesday, July 5th. Credit Suisse Group lowered their price target on Deutsche Bank Aktiengesellschaft from €11.00 ($11.22) to €10.00 ($10.20) in a research report on Thursday, July 28th. Eight equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $13.38.
Deutsche Bank Aktiengesellschaft Stock Performance
Shares of NYSE DB opened at $8.71 on Wednesday. The business has a fifty day simple moving average of $8.48 and a 200 day simple moving average of $10.20. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 2.09. The firm has a market capitalization of $18.00 billion, a price-to-earnings ratio of 6.80, a PEG ratio of 0.53 and a beta of 1.34. Deutsche Bank Aktiengesellschaft has a one year low of $7.54 and a one year high of $16.70.
Hedge Funds Weigh In On Deutsche Bank Aktiengesellschaft
Deutsche Bank Aktiengesellschaft Company Profile
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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