Deutsche Bank Aktiengesellschaft (NYSE:DB) Upgraded at StockNews.com

StockNews.com upgraded shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) from a hold rating to a buy rating in a research note published on Saturday.

Separately, Barclays upgraded Deutsche Bank Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, September 3rd. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Deutsche Bank Aktiengesellschaft Stock Up 3.2 %

DB opened at $17.19 on Friday. Deutsche Bank Aktiengesellschaft has a 52 week low of $11.23 and a 52 week high of $17.95. The business has a fifty day simple moving average of $16.97 and a 200-day simple moving average of $16.47. The company has a debt-to-equity ratio of 1.47, a quick ratio of 0.78 and a current ratio of 0.78.

Institutional Investors Weigh In On Deutsche Bank Aktiengesellschaft

Institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its position in shares of Deutsche Bank Aktiengesellschaft by 3.1% during the 1st quarter. Vanguard Group Inc. now owns 79,928,261 shares of the bank’s stock valued at $1,260,469,000 after acquiring an additional 2,369,026 shares during the period. Capital International Investors raised its position in shares of Deutsche Bank Aktiengesellschaft by 163.4% during the 1st quarter. Capital International Investors now owns 48,638,662 shares of the bank’s stock worth $765,173,000 after purchasing an additional 30,173,405 shares during the last quarter. Legal & General Group Plc raised its holdings in Deutsche Bank Aktiengesellschaft by 8,267.7% in the 2nd quarter. Legal & General Group Plc now owns 20,181,236 shares of the bank’s stock valued at $322,438,000 after acquiring an additional 19,940,056 shares during the last quarter. Acadian Asset Management LLC raised its holdings in Deutsche Bank Aktiengesellschaft by 81.9% in the 1st quarter. Acadian Asset Management LLC now owns 16,069,955 shares of the bank’s stock valued at $253,048,000 after acquiring an additional 7,237,525 shares during the last quarter. Finally, Capital International Inc. CA raised its holdings in Deutsche Bank Aktiengesellschaft by 414.1% in the 1st quarter. Capital International Inc. CA now owns 7,371,601 shares of the bank’s stock valued at $115,971,000 after acquiring an additional 5,937,749 shares during the last quarter. Hedge funds and other institutional investors own 27.90% of the company’s stock.

About Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft, a stock corporation, provides corporate and investment banking, and asset management products and services to private individuals, corporate entities, and institutional clients in Germany, the United Kingdom, rest of Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.