Morgan Stanley slashes price target on Deutsche Bank Aktiengesellschaft [DB] – find out why.

Deutsche Bank Aktiengesellschaft [NYSE: DB] price plunged by -1.40 percent to reach at -$0.21. The company report on May 6, 2021 that Deutsche Bank Appointed as Depositary Bank for the Sponsored American Depositary Receipt Program of Just Eat Takeaway.com N.V.

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Deutsche Bank announced its appointment as depositary bank for the American Depositary Receipt program of Just Eat Takeaway.com N.V. (the “Company”).

Just Eat Takeaway.com N.V. (OTC: JETKY) is a leading global online food delivery marketplace. Headquartered in Amsterdam, the Company is focused on connecting consumers and restaurants through its platforms. The Company mainly partners with delivery restaurants and provides restaurant delivery services for restaurants that do not deliver themselves.*.

A sum of 7415394 shares traded at recent session while its average daily volume was at 4.21M shares. Deutsche Bank Aktiengesellschaft shares reached a high of $15.34 and dropped to a low of $14.82 until finishing in the latest session at $14.82.

The one-year DB stock forecast points to a potential downside of -37.48.

Guru’s Opinion on Deutsche Bank Aktiengesellschaft [DB]:

Morgan Stanley have made an estimate for Deutsche Bank Aktiengesellschaft shares, keeping their opinion on the stock as Equal-Weight, with their previous recommendation back on May 07, 2021. The new note on the price target was released on February 22, 2021, representing the official price target for Deutsche Bank Aktiengesellschaft stock.

The Average True Range (ATR) for Deutsche Bank Aktiengesellschaft is set at 0.36, with the Price to Sales ratio for DB stock in the period of the last 12 months amounting to 1.47. The Price to Book ratio for the last quarter was 0.41, with the Price to Cash per share for the same quarter was set at 417.36.

DB Stock Performance Analysis:

Deutsche Bank Aktiengesellschaft [DB] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.71. With this latest performance, DB shares gained by 22.08% in over the last four-week period, additionally plugging by 38.63% over the last 6 months – not to mention a rise of 80.51% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DB stock in for the last two-week period is set at 68.06, with the RSI for the last a single of trading hit 69.95, and the three-weeks RSI is set at 66.01 for Deutsche Bank Aktiengesellschaft [DB]. The present Moving Average for the last 50 days of trading for this stock 13.02, while it was recorded at 14.64 for the last single week of trading, and 11.07 for the last 200 days.

Insight into Deutsche Bank Aktiengesellschaft Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Deutsche Bank Aktiengesellschaft [DB] shares currently have an operating margin of +4.63. Deutsche Bank Aktiengesellschaft’s Net Margin is presently recorded at +1.48.

Return on Total Capital for DB is now 0.52, given the latest momentum, and Return on Invested Capital for the company is 0.28. Return on Equity for this stock inclined to 0.89, with Return on Assets sitting at 0.04. When it comes to the capital structure of this company, Deutsche Bank Aktiengesellschaft [DB] has a Total Debt to Total Equity ratio set at 444.07. Additionally, DB Total Debt to Total Capital is recorded at 81.62, with Total Debt to Total Assets ending up at 18.36. Long-Term Debt to Equity for the company is recorded at 215.14, with the Long-Term Debt to Total Capital now at 39.54.

Reflecting on the efficiency of the workforce at the company, Deutsche Bank Aktiengesellschaft [DB] managed to generate an average of $5,847 per employee.

DB Stock EPS

With the latest financial reports released by the company, Deutsche Bank Aktiengesellschaft posted 0.2/share EPS, while the average EPS was predicted by analysts to be reported at -0.06/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 433.30%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for DB. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Deutsche Bank Aktiengesellschaft go to 1.01%.

Deutsche Bank Aktiengesellschaft [DB] Insider Position Details

There are presently around $9,263 million, or 33.70% of DB stock, in the hands of institutional investors. The top three institutional holders of DB stocks are: CAPITAL RESEARCH GLOBAL INVESTORS with ownership of 98,780,239, which is approximately -0.044% of the company’s market cap and around 2.70% of the total institutional ownership; HUDSON EXECUTIVE CAPITAL LP, holding 67,064,476 shares of the stock with an approximate value of $993.9 million in DB stocks shares; and VANGUARD GROUP INC, currently with $956.49 million in DB stock with ownership of nearly 0.805% of the company’s market capitalization.

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Positions in Deutsche Bank Aktiengesellschaft stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 107 institutional holders increased their position in Deutsche Bank Aktiengesellschaft [NYSE:DB] by around 62,029,831 shares. Additionally, 107 investors decreased positions by around 42,491,518 shares, while 41 investors held positions by with 520,510,539 shares. The mentioned changes placed institutional holdings at 625,031,888 shares, according to the latest SEC report filing. DB stock had 46 new institutional investments in for a total of 10,855,266 shares, while 31 institutional investors sold positions of 5,304,785 shares during the same period.

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