Deutsche Bank (DB) Rating Reiterated by UBS

Deutsche Bank (NYSE:DB)‘s stock had its “neutral” rating reaffirmed by stock analysts at UBS in a note issued to investors on Monday.

Other equities research analysts have also issued research reports about the company. Zacks Investment Research raised Deutsche Bank from a “hold” rating to a “buy” rating and set a $18.00 target price on the stock in a research note on Tuesday, August 22nd. DZ Bank reissued a “buy” rating on shares of Deutsche Bank in a research note on Thursday, October 26th. ValuEngine raised Deutsche Bank from a “hold” rating to a “buy” rating in a research note on Tuesday, September 26th. raised Deutsche Bank from a “hold” rating to a “buy” rating and increased their price target for the stock from $17.93 to $18.20 in a research note on Tuesday, November 14th. Finally, HSBC raised Deutsche Bank from a “hold” rating to a “buy” rating in a research note on Tuesday, November 14th. Five research analysts have rated the stock with a sell rating, seven have issued a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $19.26.

Shares of Deutsche Bank (DB) opened at $19.38 on Monday. The company has a market capitalization of $40,054.06, a P/E ratio of 13.01 and a beta of 1.43. The company has a debt-to-equity ratio of 2.35, a quick ratio of 0.84 and a current ratio of 0.84. Deutsche Bank has a 52 week low of $15.59 and a 52 week high of $20.94.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Bronfman E.L. Rothschild L.P. increased its holdings in Deutsche Bank by 83.6% in the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 6,132 shares of the bank’s stock valued at $109,000 after purchasing an additional 2,793 shares in the last quarter. San Francisco Sentry Investment Group CA acquired a new stake in Deutsche Bank in the 2nd quarter valued at $130,000. Sei Investments Co. increased its holdings in Deutsche Bank by 49.9% in the 2nd quarter. Sei Investments Co. now owns 8,278 shares of the bank’s stock valued at $147,000 after purchasing an additional 2,757 shares in the last quarter. First Republic Investment Management Inc. acquired a new stake in Deutsche Bank in the 3rd quarter valued at $180,000. Finally, Cambridge Investment Research Advisors Inc. increased its holdings in Deutsche Bank by 1.9% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 11,065 shares of the bank’s stock valued at $197,000 after purchasing an additional 202 shares in the last quarter. Hedge funds and other institutional investors own 20.92% of the company’s stock.

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