Price Action Alert: Time to Buy Deutsche Bank AG (USA) After Today’s Significant Increase?

Price Action Alert: Time to Buy Deutsche Bank AG (USA) After Today's Significant Increase?

The stock of Deutsche Bank AG (USA) (NYSE:DB) is a huge mover today! About 2.26 million shares traded hands. Deutsche Bank AG (USA) (NYSE:DB) has declined 18.94% since April 26, 2016 and is downtrending. It has underperformed by 24.20% the S&P500.
The move comes after 5 months positive chart setup for the $20.95B company. It was reported on Nov, 29 by Barchart.com. We have $16.23 PT which if reached, will make NYSE:DB worth $838.00 million more.

Analysts await Deutsche Bank AG (USA) (NYSE:DB) to report earnings on January, 26.

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 rating was downgraded by Wood on Friday, April 29 to “Underperform”. The stock of Deutsche Bank AG (USA) (NYSE:DB) earned “Buy” rating by Kepler Cheuvreux on Monday, October 5. The rating was downgraded by JP Morgan on Wednesday, October 28 to “Neutral”. Keefe Bruyette & Woods downgraded Deutsche Bank AG (USA) (NYSE:DB) on Friday, April 29 to “Underperform” rating. The firm earned “Buy” rating on Thursday, September 17 by Nomura. RBC Capital Markets downgraded the stock to “Sector Perform” rating in Thursday, June 2 report. The rating was upgraded by Barclays Capital on Thursday, January 7 to “Overweight”. Citigroup downgraded the shares of DB in a report on Friday, November 13 to “Neutral” rating. On Monday, May 16 the stock rating was downgraded by Berenberg to “Sell”. As per Thursday, June 9, the company rating was downgraded by Barclays Capital.

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 recent Deutsche Bank AG (USA) (NYSE:DB) news were published by: Investorplace.com which released: “Forget Deutsche Bank AG (USA), Buy These 3 Foreign Banks Instead (DB)” on October 05, 2016. Also Etfdailynews.com published the news titled: “Deutsche Bank Fails to Strike Deal with DoJ Over $14B Fine” on October 09, 2016. Etfdailynews.com‘s news article titled: “Moody’s: Deutsche Bank Nearing “Default Point”” with publication date: October 27, 2016 was also an interesting one.

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