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

StockNews.com upgraded shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) from a hold rating to a buy rating in a research note released on Saturday morning.

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

Deutsche Bank Aktiengesellschaft Stock Down 2.5 %

Shares of NYSE DB opened at $16.76 on Friday. The stock’s 50-day simple moving average is $16.99 and its two-hundred day simple moving average is $16.46. Deutsche Bank Aktiengesellschaft has a twelve month low of $11.23 and a twelve month high of $17.95. The company has a debt-to-equity ratio of 1.47, a quick ratio of 0.78 and a current ratio of 0.78.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Rothschild Investment LLC purchased a new stake in shares of Deutsche Bank Aktiengesellschaft in the 2nd quarter valued at $29,000. SYSTM Wealth Solutions LLC purchased a new stake in Deutsche Bank Aktiengesellschaft during the second quarter valued at about $31,000. EverSource Wealth Advisors LLC grew its stake in shares of Deutsche Bank Aktiengesellschaft by 20.5% during the first quarter. EverSource Wealth Advisors LLC now owns 7,368 shares of the bank’s stock valued at $118,000 after buying an additional 1,251 shares during the last quarter. Allworth Financial LP boosted its holdings in Deutsche Bank Aktiengesellschaft by 3,738.1% during the 3rd quarter. Allworth Financial LP now owns 8,252 shares of the bank’s stock valued at $143,000 after acquiring an additional 8,037 shares during the period. Finally, Benjamin F. Edwards & Company Inc. bought a new position in Deutsche Bank Aktiengesellschaft during the 2nd quarter worth approximately $135,000. 27.90% of the stock is currently owned by institutional investors.

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.