Deutsche Bank AG [NYSE: DB] gained 4.04% or 1.04 points to close at $26.78 with a heavy trading volume of 5346282 shares.
The daily chart for DB points out that the company has recorded 56.43% gains over the past six months.
If we look at the average trading volume of 4.19M shares, DB reached to a volume of 5346282 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 AG [DB]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DB shares is $25.41 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 2.32. 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 0.86, with the Price to Sales ratio for DB stock in the period of the last 12 months amounting to 0.72. The Price to Book ratio for the last quarter was 0.73.
Trading performance analysis for DB stock
Deutsche Bank AG [DB] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 10.07. With this latest performance, DB shares gained by 11.77% in over the last four-week period, additionally plugging by 56.43% over the last 6 months – not to mention a rise of 49.44% 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 69.39, with the RSI for the last a single of trading hit 76.90, and the three-weeks RSI is set at 65.78 for Deutsche Bank AG [DB]. The present Moving Average for the last 50 days of trading for this stock 23.11, while it was recorded at 25.66 for the last single week of trading, and 18.60 for the last 200 days.
Deutsche Bank AG [DB]: A deeper dive into fundamental analysis
Deutsche Bank AG’s liquidity data is similarly interesting compelling, with a Current Ratio set at 0.77.
Deutsche Bank AG [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 AG go to 13.39%.
An analysis of Institutional ownership at Deutsche Bank AG [DB]
There are presently around $51.59%, or 56.14%% of DB stock, in the hands of institutional investors. 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%.
