A planned 8 billion euro ($8.5 billion) capital increase and a stock market listing of Deutsche Bank's asset management business will replenish the lender's capital reserves but also free up funds for potential investments in its core business.
Several other analysts have also issued reports on DB. Moreover, Credit Suisse issued Initiated rating for the stock on 19-Sep-16.
According to Zacks, "Deutsche Bank has underperformed the Zacks categorized Foreign Banks industry over the past one year".
Shares of Deutsche Bank AG (NYSE:DB) opened at 19.63 on Thursday.
The weekly performance of Deutsche Bank AG is 5.43%, presenting a monthly performance value of 1.87% with the quarterly performance value of 3.05%. The stock next year first quarter current estimate trend for EPS was for $0.46 and on annual basis FY 2016 estimate trends at current was for $1.41 as compared to one month ago of $1.50, and for next year per share earnings estimates have $2.07.
The Stock now has the market capitalization of $25.98 Billion, P/E (price to earnings ttm) of 0 and Weekly volatility of 1.64% and monthly volatility of 1.74% respectively. The Return on Assets stands at -0.1%, Return on Equity shows -2.6% and Return on Investment value is 21.3%. Goldman Sachs Group Inc set a €18.20 ($19.36) price target on shares of Deutsche Bank AG and gave the company a neutral rating in a report on Thursday, February 2nd.
Price Target is an important factor while doing analysis of a stock. The Stock now has a Weekly Volatility of 1.50% and Monthly Volatility of 1.73%. The stock's current distance from 20-Day Simple Moving Average (SMA20) is -1.06% where SMA50 and SMA200 are -0.74% and 19.96% respectively. Deutsche Bank AG has a 52-week low of 11.19 and a 52-week high of 20.94.
Some buy side analysts are also providing their Analysis on Deutsche Bank AG, where 0 analysts have rated the stock as Strong buy, 0 analysts have given a Buy signal, 0 said it's a HOLD, 1 reported it as Underperform and 0 analysts rated the stock as Sell.
While looking at the Stock's Performance, Deutsche Bank AG now shows a Weekly Performance of 4.28%, where Monthly Performance is 1.69%, Quarterly performance is 5.36%, 6 Months performance is 27.47% and yearly performance percentage is -6.46%.
The Company now has Insider ownership of 2.7 Percent and Institutional Ownership of 0 Percent. The stock's average true range of stands at 0.51, while the relative strength index is 49.51. For the most recent quarter, quick ratio was 0, current ratio was 0, LT Debt/Equity ratio was 0 and Total Debt/Equity ratio was 0.