Deutsche Bank AG [NYSE: DB] stock went on an upward path that rose over 3.83% on Tuesday, amounting to a one-week price increase of more than 2.15%.
Over the last 12 months, DB stock rose by 61.80%. The one-year Deutsche Bank AG stock forecast points to a potential upside of 1.2. The average equity rating for DB stock is currently 2.28, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $40.59 billion, with 1.90 billion shares outstanding and 1.75 billion shares in the current float. Compared to the average trading volume of 1.58M shares, DB stock reached a trading volume of 7277510 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Deutsche Bank AG [DB]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DB shares is $21.65 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 2.28. 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.
Barclays have made an estimate for Deutsche Bank AG shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on September 03, 2024. The new note on the price target was released on March 27, 2024, representing the official price target for Deutsche Bank AG stock.
The Average True Range (ATR) for Deutsche Bank AG is set at 0.46, with the Price to Sales ratio for DB stock in the period of the last 12 months amounting to 0.64. The Price to Book ratio for the last quarter was 0.57.
DB Stock Performance Analysis:
Deutsche Bank AG [DB] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.15. With this latest performance, DB shares gained by 6.95% in over the last four-week period, additionally plugging by 32.04% over the last 6 months – not to mention a rise of 61.80% 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 70.12, with the RSI for the last a single of trading hit 72.80, and the three-weeks RSI is set at 68.25 for Deutsche Bank AG [DB]. The present Moving Average for the last 50 days of trading for this stock 18.73, while it was recorded at 20.59 for the last single week of trading, and 17.08 for the last 200 days.
Insight into Deutsche Bank AG Fundamentals:
Deutsche Bank AG’s liquidity data is similarly interesting compelling, with a Current Ratio set at 5.74.
DB Stock EPS
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 AG go to 13.12%.
Deutsche Bank AG [DB] Institutonal Ownership Details
The top three institutional holders of DB stocks are: DEUTSCHE BANK AG with ownership of 82.5 million shares, which is approximately 4.1292%. VANGUARD GROUP INC, holding 78.27 million shares of the stock with an approximate value of $$1.25 billion in DB stocks shares; and VANGUARD GROUP INC, currently with $$1.17 billion in DB stock with ownership which is approximately 3.6672%.
