Deutsche Bank Aktiengesellschaft (NYSE:DB) does about 4.44M shares in volume on a normal day but saw 3877354 shares change hands in Monday trading. The company now has a market cap of 19.51B USD. Its current market price is $9.53, marking a decrease of -3.64% compared to the previous close of $9.89. The 52 week high reached by this stock is $11.16 whilst the lowest price level in 52 weeks is $4.99. The script in recent trading has seen the stock touch a high of $9.80 and a low of $9.52.
Deutsche Bank Aktiengesellschaft (DB) has a 20-day trading average at $9.49 and the current price is -14.61% off the 52-week high compared with 90.98% distance from its 52-week low. The 50-day simple moving average of the closing price is $9.56 and its 200-day simple moving average is $8.27. If we look at the stock’s price movements over the week, volatility stands at 1.94%, which decreases to 1.80% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 50.29 to suggest the stock is neutral.
22 analysts observing the Deutsche Bank Aktiengesellschaft (DB) stock have set the 12-month price targets for the company’s shares at between $4.65 and $9.42. The consensus objective for the share price is $7.35, suggesting that the stock has a potential downside of -29.66% over the period. The median price target is -24.58% away from the current levels at $7.65.
FactSet Research has provided data showing that 22 brokerages have issued ratings for the stock. 11 analysts have rated it as a sell, while 0 advise that it is a overweight. 0 analysts have rated it as a buy and 8 have advised that investors hold their positions. The consensus recommendation rating is Underweight.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on July 02, 2020 when Societe Generale downgraded the stock to “Sell” and issued a price target of . Societe Generale upgraded the stock to “Hold” from Sell on January 31, 2020 at a price target of .
The current price level is 0.53%, -0.29%, and 15.40% away from its SMA20, SMA50, and SMA200 respectively, with the DB price moving above the 50-day SMA on August 31. Deutsche Bank Aktiengesellschaft (DB) stock is down -0.63% over the week and 6.84% over the past month. Its price is 22.49% year-to-date and 31.45% over the past year.
The stock last released its quarterly earnings report for quarter ended 3/30/2020, with the company’s earnings per share (EPS) of $0.1 above consensus estimates by $0.22. The company’s next earnings report is expected on 10/28/2020, with forecasts estimating quarterly EPS at -$0.06 and -$0.46 for whole year. DB’s earnings per share are forecast to grow by 57.00% this year and 187.00% over next year. In addition, estimates put the company’s current quarterly revenue at an average of $7.1 billion.
Its 12-month price target is $7.65. To reach the target analysts have set, the stock logically needs to shrink -29.66 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $4.65, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $9.42.
Outstanding shares total 2.11B with insiders holding 10.94% of the shares and institutional holders owning 35.03% of the company’s common stock. The company has a return on investment of 4.00% and return on equity of -4.30%. The forward price to earnings ratio is 24.56. The beta has a value of 1.47. Price to book ratio is 0.28 and price to sales ratio is 0.76.
According to a U.S. Securities and Exchange Commission filing, American Funds EuroPacific Growth has reduced its position in Deutsche Bank Aktiengesellschaft (DB) to 53,441,066 shares, mirroring a recent drop by 0.00%. American Funds EuroPacific Growth dumped 0.0 shares of Deutsche Bank Aktiengesellschaft common stock bringing its total worth to about $476.69 million at the end of recent close, SEC documents show. American Funds EuroPacific Growth isn’t the only investment manager who changed stakes and is followed by Vanguard Total International Stoc, which sold off -0.35 million shares to end up with 34,629,994 shares worth $308.9 million. American Funds Capital World Grow cut their holdings by 0.00% in the company over the course of the most recent quarter. It now holds a 0.70% position in Deutsche Bank Aktiengesellschaft thanks to 14.54 million shares amounting to $129.69 million.