Deutsche Bank Aktiengesellschaft (NYSE:DB – Free Report) – Stock analysts at Erste Group Bank decreased their FY2027 earnings per share estimates for Deutsche Bank Aktiengesellschaft in a note issued to investors on Tuesday, May 12th. Erste Group Bank analyst S. Lingnau now expects that the bank will earn $4.41 per share for the year, down from their previous estimate of $4.42. The consensus estimate for Deutsche Bank Aktiengesellschaft’s current full-year earnings is $4.01 per share.
Several other analysts also recently issued reports on the stock. Citigroup raised shares of Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a report on Thursday, April 9th. Weiss Ratings downgraded Deutsche Bank Aktiengesellschaft from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, May 6th. Barclays lowered Deutsche Bank Aktiengesellschaft from an “overweight” rating to an “equal weight” rating in a research note on Monday, April 20th. Oddo Bhf upgraded Deutsche Bank Aktiengesellschaft to an “outperform” rating in a report on Friday, May 8th. Finally, Wall Street Zen raised Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a report on Saturday. Five investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.
Deutsche Bank Aktiengesellschaft Price Performance
Shares of NYSE DB opened at $31.39 on Tuesday. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 1.40. The company’s 50-day moving average price is $31.02 and its 200 day moving average price is $35.01. Deutsche Bank Aktiengesellschaft has a 52 week low of $27.13 and a 52 week high of $40.43. The stock has a market cap of $60.90 billion, a price-to-earnings ratio of 8.65, a PEG ratio of 0.41 and a beta of 0.94.
Deutsche Bank Aktiengesellschaft (NYSE:DB – Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The bank reported $1.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.15 by $0.09. Deutsche Bank Aktiengesellschaft had a return on equity of 7.69% and a net margin of 10.43%.The business had revenue of $10.04 billion during the quarter, compared to the consensus estimate of $9.85 billion.
Hedge Funds Weigh In On Deutsche Bank Aktiengesellschaft
Several institutional investors and hedge funds have recently modified their holdings of DB. AQR Capital Management LLC grew its stake in Deutsche Bank Aktiengesellschaft by 15.9% in the 1st quarter. AQR Capital Management LLC now owns 126,101 shares of the bank’s stock worth $3,005,000 after acquiring an additional 17,262 shares during the period. Focus Partners Wealth purchased a new position in shares of Deutsche Bank Aktiengesellschaft during the 1st quarter worth $795,000. Sivia Capital Partners LLC acquired a new stake in shares of Deutsche Bank Aktiengesellschaft during the second quarter worth $413,000. Rhumbline Advisers grew its position in shares of Deutsche Bank Aktiengesellschaft by 4.5% in the second quarter. Rhumbline Advisers now owns 27,750 shares of the bank’s stock valued at $813,000 after purchasing an additional 1,187 shares during the period. Finally, First Trust Advisors LP increased its stake in Deutsche Bank Aktiengesellschaft by 24.1% in the second quarter. First Trust Advisors LP now owns 528,327 shares of the bank’s stock valued at $15,620,000 after purchasing an additional 102,754 shares during the last quarter. Hedge funds and other institutional investors own 27.90% of the company’s stock.
Deutsche Bank Aktiengesellschaft Company Profile
Deutsche Bank Aktiengesellschaft is a global banking and financial services company headquartered in Frankfurt, Germany. Founded in 1870 to support German foreign trade, the firm has grown into a full-service bank offering a wide range of banking, advisory and transaction services to corporate, institutional, and private clients. Over its history the bank has expanded internationally and developed capabilities across capital markets, investment banking, retail and commercial banking, and wealth management.
The bank’s core business activities include corporate and investment banking—covering financing, advisory, sales and trading, and capital markets services—along with private & commercial banking for individual and small-to-medium enterprise clients.
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