Deutsche Bank Aktiengesellschaft (NYSE:DB) Upgraded by StockNews.com to “Buy” Rating

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

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

Deutsche Bank Aktiengesellschaft Trading Down 2.0 %

Shares of Deutsche Bank Aktiengesellschaft stock opened at $17.62 on Wednesday. Deutsche Bank Aktiengesellschaft has a 12-month low of $12.43 and a 12-month high of $18.07. The company has a market cap of $36.41 billion, a price-to-earnings ratio of 9.03 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. The company’s 50-day moving average price is $17.19 and its 200-day moving average price is $16.51.

Institutional Investors Weigh In On Deutsche Bank Aktiengesellschaft

A number of institutional investors and hedge funds have recently bought and sold shares of DB. Rothschild Investment LLC purchased a new stake in Deutsche Bank Aktiengesellschaft in the second quarter valued at approximately $29,000. SYSTM Wealth Solutions LLC purchased a new stake in Deutsche Bank Aktiengesellschaft in the second quarter valued at approximately $31,000. Wilmington Savings Fund Society FSB purchased a new stake in Deutsche Bank Aktiengesellschaft in the third quarter valued at approximately $43,000. Benjamin F. Edwards & Company Inc. purchased a new position in shares of Deutsche Bank Aktiengesellschaft during the second quarter worth approximately $135,000. Finally, Allworth Financial LP raised its stake in shares of Deutsche Bank Aktiengesellschaft by 3,738.1% during the third quarter. Allworth Financial LP now owns 8,252 shares of the bank’s stock worth $143,000 after acquiring an additional 8,037 shares in the last quarter. 27.90% of the stock is owned by hedge funds and other 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.