Deutsche Bank (NYSE: DB) was upgraded by TheStreet to a “hold” rating in a research note issued on Tuesday.
Other equities research analysts have also recently issued reports about the stock. Analysts at Macquarie downgraded shares of Deutsche Bank from a “neutral” rating to an “underperform” rating in a research note to investors on Tuesday, April 3rd. Separately, analysts at RBC Capital (NYSE: RY) upgraded shares of Deutsche Bank from a “sector perform” rating to an “outperform” rating in a research note to investors on Friday, March 23rd. Finally, analysts at ING Group initiated coverage on shares of Deutsche Bank in a research note to investors on Tuesday, March 6th. They set a “buy” rating on the stock.
Deutsche Bank traded down 2.61% on Tuesday, hitting $43.805. Deutsche Bank has a 52-week low of $28.57 and a 52-week high of $66.00. The company has a market cap of $39.626 billion and a price-to-earnings ratio of 7.98.
The company last announced its quarterly results on Thursday, February 2nd. It reported $0.15 earnings per share (EPS) for the previous quarter, missing the Thomson Reuters consensus estimate of $0.59 EPS by $0.44. The company’s quarterly revenue was down 7.1% on a year-over-year basis. Analysts expect that Deutsche Bank will post $0.00 EPS next quarter.
Deutsche Bank AG is a global investment bank. The Company offers a range of investment, financial and related products and services to private individuals, corporate entities and institutional clients worldwide.
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