The stock of Deutsche Bank AG (USA) (NYSE:DB) is a huge mover today! About 1.98 million shares traded hands. Deutsche Bank AG (USA) (NYSE:DB) has declined 29.42% since March 10, 2016 and is downtrending. It has underperformed by 36.94% the S&P500.
The move comes after 8 months negative chart setup for the $18.23 billion company. It was reported on Oct, 13 by Barchart.com. We have $12.27 PT which if reached, will make NYSE:DB worth $1.28 billion less.
Analysts await Deutsche Bank AG (USA) (NYSE:DB) to report earnings on November, 3.
Deutsche Bank AG (USA) (NYSE:DB) Ratings Coverage
Out of 11 analysts covering Deutsche Bank AG (NYSE:DB), 2 rate it a “Buy”, 5 “Sell”, while 4 “Hold”. This means 18% are positive. Deutsche Bank AG has been the topic of 13 analyst reports since September 17, 2015 according to StockzIntelligence Inc. The stock has “Underperform” rating given by Credit Suisse on Monday, September 19. The rating was downgraded by Citigroup to “Neutral” on Friday, November 13. On Monday, October 5 the stock rating was upgraded by Kepler Cheuvreux to “Buy”. The stock of Deutsche Bank AG (USA) (NYSE:DB) has “Sector Perform” rating given on Thursday, June 2 by RBC Capital Markets. Bank of America downgraded the stock to “Underperform” rating in Friday, July 29 report. On Monday, May 16 the stock rating was downgraded by Berenberg to “Sell”. The firm has “Buy” rating given on Thursday, September 17 by Nomura. As per Friday, April 29, the company rating was downgraded by Wood. The stock has “Overweight” rating given by Barclays Capital on Thursday, January 7. Barclays Capital downgraded the shares of DB in a report on Thursday, June 9 to “Equal-Weight” rating.
According to Zacks Investment Research, “Deutsche Bank is one of the leading international financial service providers. As a multi-specialist bank, they offer customers a broad range of modern banking services.”
More notable recent Deutsche Bank AG (USA) (NYSE:DB) news were published by: Etfdailynews.com which released: “Deutsche Bank Shares Fall Again as Company Initiates Hiring Freeze” on October 13, 2016, also Etfdailynews.com with their article: “Despite Big Bond Sales, Deutsche Bank Still Undercapitalized” published on October 12, 2016, Etfdailynews.com published: “Deutsche Bank Fails to Strike Deal with DoJ Over $14B Fine” on October 09, 2016. More interesting news about Deutsche Bank AG (USA) (NYSE:DB) were released by: Investorplace.com and their article: “Forget Deutsche Bank AG (USA), Buy These 3 Foreign Banks Instead (DB)” published on October 05, 2016 as well as Investorplace.com‘s news article titled: “Why Deutsche Bank AG (USA) (DB), Goldcorp Inc. (USA) (GG) and KBR, Inc. (KBR …” with publication date: October 03, 2016.
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