Deutsche Bank Aktiengesellschaft (NYSE:DB – Free Report) – Analysts at Erste Group Bank cut their FY2027 earnings per share estimates for shares of Deutsche Bank Aktiengesellschaft in a note issued to investors on Tuesday, September 8th. Erste Group Bank analyst S. Lingnau now forecasts that the bank will post earnings of $4.45 per share for the year, down from their previous estimate of $4.46. The consensus estimate for Deutsche Bank Aktiengesellschaft’s current full-year earnings is $3.93 per share.
Other analysts have also issued reports about the company. Bank of America set a $43.00 price target on Deutsche Bank Aktiengesellschaft in a research note on Tuesday, July 7th. Wall Street Zen lowered shares of Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a report on Saturday, June 6th. Weiss Ratings raised shares of Deutsche Bank Aktiengesellschaft from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, July 29th. Citigroup restated a “neutral” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, July 20th. Finally, Zacks Research raised shares of Deutsche Bank Aktiengesellschaft from a “strong sell” rating to a “hold” rating in a research note on Thursday, August 27th. Five investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, Deutsche Bank Aktiengesellschaft presently has an average rating of “Moderate Buy” and an average price target of $43.00.
Deutsche Bank Aktiengesellschaft Stock Performance
Deutsche Bank Aktiengesellschaft stock opened at $38.69 on Monday. The stock has a fifty day moving average price of $37.86 and a 200 day moving average price of $34.21. Deutsche Bank Aktiengesellschaft has a 52 week low of $28.12 and a 52 week high of $41.62. The firm has a market capitalization of $75.05 billion, a P/E ratio of 10.32, a PEG ratio of 0.54 and a beta of 0.96. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.35.
Deutsche Bank Aktiengesellschaft (NYSE:DB – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The bank reported $0.66 earnings per share for the quarter, missing analysts’ consensus estimates of $0.91 by ($0.25). The business had revenue of $9.68 billion for the quarter, compared to analysts’ expectations of $9.30 billion. Deutsche Bank Aktiengesellschaft had a return on equity of 8.46% and a net margin of 11.53%.
Institutional Trading of Deutsche Bank Aktiengesellschaft
Several large investors have recently added to or reduced their stakes in DB. Amundi lifted its stake in shares of Deutsche Bank Aktiengesellschaft by 11.4% during the first quarter. Amundi now owns 60,059,707 shares of the bank’s stock worth $1,788,578,000 after purchasing an additional 6,139,611 shares in the last quarter. Fisher Asset Management LLC grew its stake in shares of Deutsche Bank Aktiengesellschaft by 3.7% in the fourth quarter. Fisher Asset Management LLC now owns 27,398,661 shares of the bank’s stock valued at $1,056,492,000 after buying an additional 966,655 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Deutsche Bank Aktiengesellschaft by 83.1% during the 1st quarter. Bank of America Corp DE now owns 21,420,171 shares of the bank’s stock valued at $637,893,000 after buying an additional 9,719,181 shares during the period. DekaBank Deutsche Girozentrale lifted its position in Deutsche Bank Aktiengesellschaft by 5.4% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 18,743,906 shares of the bank’s stock worth $600,821,000 after acquiring an additional 957,307 shares in the last quarter. Finally, Legal & General Group Plc lifted its position in Deutsche Bank Aktiengesellschaft by 2.3% during the 4th quarter. Legal & General Group Plc now owns 14,664,607 shares of the bank’s stock worth $570,302,000 after acquiring an additional 332,004 shares in the last quarter. 27.90% of the stock is currently owned by institutional investors and hedge funds.
About Deutsche Bank Aktiengesellschaft
Deutsche Bank Aktiengesellschaft is a Germany-based global financial services company headquartered in Frankfurt. Founded in 1870 in Berlin, the bank provides banking and investment services to corporations, institutions, governments, small and medium-sized businesses, and private clients across Europe and other international markets.
The company’s principal businesses include Corporate Bank, Investment Bank, Private Bank and Asset Management. Its services include transaction banking, cash management, trade finance, lending, investment banking, securities sales and trading, foreign exchange, research, wealth management, retail banking and private banking.
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