The stock of Deutsche Bank AG (USA) (NYSE:DB) is a huge mover today! About 3.78 million shares traded hands. Deutsche Bank AG (USA) (NYSE:DB) has declined 1.19% since April 11, 2016 and is downtrending. It has underperformed by 7.34% the S&P500.
The move comes after 5 months positive chart setup for the $23.06B company. It was reported on Nov, 11 by Barchart.com. We have $21.00 PT which if reached, will make NYSE:DB worth $7.15B more.
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. Barclays Capital downgraded the stock to “Equal-Weight” rating in Thursday, June 9 report. The stock of Deutsche Bank AG (USA) (NYSE:DB) has “Sell” rating given on Monday, May 16 by Berenberg. JP Morgan downgraded the stock to “Neutral” rating in Monday, June 27 report. Citigroup downgraded Deutsche Bank AG (USA) (NYSE:DB) on Friday, November 13 to “Neutral” rating. JP Morgan downgraded the shares of DB in a report on Wednesday, October 28 to “Neutral” rating. Nomura upgraded Deutsche Bank AG (USA) (NYSE:DB) on Thursday, September 17 to “Buy” rating. Barclays Capital upgraded the shares of DB in a report on Thursday, January 7 to “Overweight” rating. The firm has “Underperform” rating by Wood given on Friday, April 29. The firm has “Underperform” rating given on Monday, September 19 by Credit Suisse. The stock of Deutsche Bank AG (USA) (NYSE:DB) has “Sector Perform” rating given on Thursday, June 2 by RBC Capital Markets.
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.”
Another recent and important Deutsche Bank AG (USA) (NYSE:DB) news was published by Etfdailynews.com which published an article titled: “Moody’s: Deutsche Bank Nearing “Default Point”” on October 27, 2016.
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