Deutsche Bank (DB) Stock Rating Upgraded by ValuEngine

Deutsche Bank (NYSE:DB) was upgraded by research analysts at ValuEngine from a “hold” rating to a “buy” rating in a research report issued on Monday.

DB has been the subject of several other research reports. raised shares of Deutsche Bank from a “hold” rating to a “buy” rating and boosted their price target for the stock from $17.93 to $18.20 in a report on Tuesday, November 14th. Citigroup reissued a “sell” rating on shares of Deutsche Bank in a report on Tuesday, November 21st. Zacks Investment Research raised shares of Deutsche Bank from a “strong sell” rating to a “hold” rating in a report on Monday, November 6th. Keefe, Bruyette & Woods lowered shares of Deutsche Bank from an “outperform” rating to a “market perform” rating in a report on Thursday, August 31st. Finally, HSBC raised shares of Deutsche Bank from a “hold” rating to a “buy” rating in a report on Tuesday, November 14th. Five analysts have rated the stock with a sell rating, six have assigned a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $19.26.

Shares of Deutsche Bank (NYSE DB) opened at $18.76 on Monday. The company has a market cap of $39,516.70, a price-to-earnings ratio of 12.83 and a beta of 1.43. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 2.35. Deutsche Bank has a 1-year low of $15.59 and a 1-year high of $20.94.

Several institutional investors have recently added to or reduced their stakes in the company. Cambridge Investment Research Advisors Inc. boosted its position in shares of Deutsche Bank by 1.9% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 11,065 shares of the bank’s stock valued at $197,000 after acquiring an additional 202 shares during the last quarter. Strategic Advisors LLC boosted its position in shares of Deutsche Bank by 1.2% during the 2nd quarter. Strategic Advisors LLC now owns 63,981 shares of the bank’s stock valued at $1,624,000 after acquiring an additional 749 shares during the last quarter. Edmond DE Rothschild Holding S.A. boosted its position in shares of Deutsche Bank by 4.4% during the 2nd quarter. Edmond DE Rothschild Holding S.A. now owns 19,127 shares of the bank’s stock valued at $339,000 after acquiring an additional 802 shares during the last quarter. US Bancorp DE boosted its position in shares of Deutsche Bank by 13.9% during the 2nd quarter. US Bancorp DE now owns 14,124 shares of the bank’s stock valued at $252,000 after acquiring an additional 1,726 shares during the last quarter. Finally, Sei Investments Co. boosted its position in shares of Deutsche Bank by 49.9% during the 2nd quarter. Sei Investments Co. now owns 8,278 shares of the bank’s stock valued at $147,000 after acquiring an additional 2,757 shares during the last quarter. 20.92% of the stock is owned by institutional investors and hedge funds.

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