Is there a Bearish outlook for Deutsche Bank AG (USA) (NYSE:DB) this week?

August 21, 2017 - By Stephen Andrade

 Is there a Bearish outlook for Deutsche Bank AG (USA) (NYSE:DB) this week?

Deutsche Bank AG (USA) (NYSE:DB) Ratings Coverage

Among 14 analysts covering Deutsche Bank AG (NYSE:DB), 2 have Buy rating, 9 Sell and 3 Hold. Therefore 14% are positive. Deutsche Bank AG had 20 analyst reports since September 17, 2015 according to SRatingsIntel. The firm has “Underperform” rating given on Friday, April 29 by Keefe Bruyette & Woods. The firm earned “Sell” rating on Monday, December 19 by Citigroup. The firm earned “Sell” rating on Thursday, March 23 by DZ Bank AG. The company was downgraded on Wednesday, October 28 by JP Morgan. HSBC downgraded Deutsche Bank AG (USA) (NYSE:DB) on Friday, August 11 to “Reduce” rating. The stock has “Buy” rating by Nomura on Thursday, September 17. The rating was downgraded by Macquarie Research to “Neutral” on Friday, July 28. The firm earned “Neutral” rating on Monday, June 27 by JP Morgan. As per Monday, October 5, the company rating was upgraded by Kepler Cheuvreux. The stock of Deutsche Bank AG (USA) (NYSE:DB) has “Sector Perform” rating given on Thursday, June 2 by RBC Capital Markets. Below is a list of Deutsche Bank AG (USA) (NYSE:DB) latest ratings and price target changes.

15/08/2017 Broker: Macquarie Research Rating: Sell Downgrade
11/08/2017 Broker: HSBC Old Rating: Hold New Rating: Reduce Downgrade
28/07/2017 Broker: Macquarie Research Old Rating: Outperform New Rating: Neutral Downgrade
28/04/2017 Broker: DZ Bank AG Rating: Sell Maintain
24/04/2017 Broker: Macquarie Research Old Rating: Underperform New Rating: Outperform Upgrade
23/03/2017 Broker: DZ Bank AG Rating: Sell Maintain

The stock increased 0.49% or $0.08 during the last trading session, reaching $16.52. About 1,900 shares traded. Deutsche Bank AG (USA) (NYSE:DB) has risen 27.06% since August 21, 2016 and is uptrending. It has outperformed by 10.36% the S&P500.

Deutsche Bank AG is a bank and holding firm for its subsidiaries. The company has market cap of $34.16 billion. The Firm offers a range of investment, financial and related services and products to private individuals, corporate entities and institutional clients. It currently has negative earnings.

Another recent and important Deutsche Bank AG (USA) (NYSE:DB) news was published by Ft.com which published an article titled: “Deutsche Bank names Tom Patrick to head Americas business” on August 15, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.