Deutsche Bank Aktiengesellschaft [NYSE: DB] loss -1.77% on the last trading session, reaching $12.20 price per share at the time. The company report on March 2, 2023 that Credit Agricole CIB, R. Seelaus & Co., and Siebert Williams Shank Join DirectBooks.
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DirectBooks announced today that Credit Agricole Corporate & Investment Bank, R. Seelaus & Co. (Seelaus) and Siebert Williams Shank have joined the platform. The recent additions increase the total number of underwriters live on DirectBooks to 28.
Deutsche Bank Aktiengesellschaft represents 2.08 billion in outstanding shares, while the company has a total market value of $25.61 billion with the latest information. DB stock price has been found in the range of $12.08 to $12.21.
If compared to the average trading volume of 3.65M shares, DB reached a trading volume of 2427123 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Deutsche Bank Aktiengesellschaft [DB]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DB shares is $12.28 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DB stock is a recommendation set at 4.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
BofA Securities have made an estimate for Deutsche Bank Aktiengesellschaft shares, keeping their opinion on the stock as Underperform, with their previous recommendation back on February 13, 2023. The new note on the price target was released on November 25, 2022, representing the official price target for Deutsche Bank Aktiengesellschaft stock.
The Average True Range (ATR) for Deutsche Bank Aktiengesellschaft is set at 0.28, with the Price to Sales ratio for DB stock in the period of the last 12 months amounting to 1.19. The Price to Book ratio for the last quarter was 0.35, with the Price to Cash per share for the same quarter was set at 398.38.
Trading performance analysis for DB stock
Deutsche Bank Aktiengesellschaft [DB] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.33. With this latest performance, DB shares dropped by -8.82% in over the last four-week period, additionally plugging by 45.07% over the last 6 months – not to mention a rise of 7.39% 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 46.34, with the RSI for the last a single of trading hit 44.17, and the three-weeks RSI is set at 49.07 for Deutsche Bank Aktiengesellschaft [DB]. The present Moving Average for the last 50 days of trading for this stock 12.36, while it was recorded at 12.26 for the last single week of trading, and 10.04 for the last 200 days.
Deutsche Bank Aktiengesellschaft [DB]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Deutsche Bank Aktiengesellschaft [DB] shares currently have an operating margin of +20.56. Deutsche Bank Aktiengesellschaft’s Net Margin is presently recorded at +20.80.
Deutsche Bank Aktiengesellschaft [DB]: An earnings per share (EPS) analysis
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 23.91%.
An analysis of insider ownership at Deutsche Bank Aktiengesellschaft [DB]
There are presently around $6,872 million, or 37.96% of DB stock, in the hands of institutional investors. The top three institutional holders of DB stocks are: AMUNDI with ownership of 74,312,828, which is approximately 10.234% of the company’s market cap and around 2.70% of the total institutional ownership; VANGUARD GROUP INC, holding 73,708,530 shares of the stock with an approximate value of $899.24 million in DB stocks shares; and DEUTSCHE BANK AG, currently with $860.42 million in DB stock with ownership of nearly -5.316% of the company’s market capitalization.
112 institutional holders increased their position in Deutsche Bank Aktiengesellschaft [NYSE:DB] by around 52,521,633 shares. Additionally, 104 investors decreased positions by around 53,291,774 shares, while 43 investors held positions by with 457,426,056 shares. The mentioned changes placed institutional holdings at 563,239,463 shares, according to the latest SEC report filing. DB stock had 35 new institutional investments in for a total of 15,866,113 shares, while 32 institutional investors sold positions of 13,195,632 shares during the same period.