The price of Deutsche Bank Aktiengesellschaft (NYSE:DB) shares last traded on Wall Street rose 0.27% to $11.35.
Based on available information, 19 analysts follow Deutsche Bank Aktiengesellschaft (NYSE:DB). The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $19.68 and a low of $10.56, we find $13.42. Given the previous closing price of $11.32, this indicates a potential upside of 18.55 percent. DB stock price is now 7.85% away from the 50-day moving average and 5.18% away from the 200-day moving average. The market capitalization of the company currently stands at $23.18B.
Among analysts, 9 rate the stock a hold while 7 rate it a buy. Brokers who have rated the stock have averaged $14.42 as their price target over the next twelve months.
A total of 2.70% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in DB stock. A new stake in Deutsche Bank Aktiengesellschaft shares was purchased by ACADIAN ASSET MANAGEMENT LLC during the first quarter worth $112,392,000. JUPITER ASSET MANAGEMENT LTD invested $30,766,000 in shares of DB during the first quarter. In the first quarter, PENDAL GROUP LTD acquired a new stake in Deutsche Bank Aktiengesellschaft valued at approximately $20,942,000. STATE OF WISCONSIN INVESTMENT BOARD acquired a new stake in DB for approximately $11,634,000. MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC purchased a new stake in DB valued at around $8,786,000 in the second quarter. In total, there are 614 active investors with 40.06% ownership of the company’s stock.
A candlestick chart of Deutsche Bank Aktiengesellschaft (NYSE: DB) showed a price of $11.27 on Monday morning. During the past 12 months, Deutsche Bank Aktiengesellschaft has had a low of $7.24 and a high of $13.57. The fifty day moving average price for DB is $10.54 and a two-hundred day moving average price translates $10.81 for the stock.
The latest earnings results from Deutsche Bank Aktiengesellschaft (NYSE: DB) was released for Mar, 2023. According to the Banks – Regional Company, earnings per share came in at $0.55, beating analysts’ expectations of $0.53 by 0.02. This compares to $0.25 EPS in the same period last year. The net profit margin was 17.40% and return on equity was 7.40% for DB. For the current quarter, analysts expect DB to generate $8B in revenue.
Moreover, the firm recently paid out its quarterly dividend on 05/25/2007. Investors who held shares on 05/24/2007 were paid a $5.3716 dividend. On an annualized basis, this represents a $0.32 dividend and a 2.85% percent yield. There was an ex-dividend date of 05/25/2007 for this dividend. In terms of dividend payout ratio, DB is presently at 10.90%.
Deutsche Bank Aktiengesellschaft(DB) Company Profile
Deutsche Bank Aktiengesellschaft, operates as a stock corporation, engages in the provision of corporate and investment banking, and asset management products and services to private clients, corporate entities, and institutional clients worldwide. Its Corporate Bank segment provides cash management, trade finance and lending, trust and agency, foreign exchange, and securities services, as well as risk management solutions. The company’s Investment Bank segment offers debt origination, merger and acquisitions, and equity advisory services. Its Private Bank segment provides payment and account services, and credit and deposit products, as well as investment advice products, such as environmental, social, and governance products. This segment also provides banking, wealth management services, postal and parcel services; and offers support in planning, managing and investing wealth, financing personal and business interests, and servicing institutional and corporate needs. The company’s Asset Management segment provides investment solutions, such as alternative investments, which include real estate, infrastructure, private equity, liquid real assets, and sustainable investments; and various other services, including insurance and pension solutions, asset liability management, portfolio management solutions, and asset allocation advisory to individuals and institutions. Deutsche Bank Aktiengesellschaft was founded in 1870 and is based in Frankfurt am Main, Germany.
