Deutsche Bank Aktiengesellschaft (NYSE: DB) is -16.16% lower on its value in year-to-date trading and has touched a low of $7.24 and a high of $16.70 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DB stock was last observed hovering at around $10.44 in the last trading session, with the day’s gains setting it 0.04% off its average median price target of $12.11 for the next 12 months. It is also 42.7% off the consensus price target high of $18.29 offered by 18 analysts, but current levels are -17.89% lower than the price target low of $8.89 for the same period.
Currently trading at $10.48, the stock is 5.22% and 16.89% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.53 million and changing 0.38% at the moment leaves the stock 3.13% off its SMA200. DB registered -13.67% loss for a year compared to 6-month loss of -3.76%.
The stock witnessed a 15.67% gain in the last 1 month and extending the period to 3 months gives it a 26.11%, and is -0.66% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.31% over the week and 1.94% over the month.
Deutsche Bank Aktiengesellschaft (DB) has around 84556 employees, a market worth around $21.65B and $21.08B in sales. Current P/E ratio is 6.27 and Fwd P/E is 5.83. Profit margin for the company is 16.90%. Distance from 52-week low is 44.65% and -37.25% from its 52-week high. The company has generated returns on investments over the last 12 months (3.50%).
Deutsche Bank Aktiengesellschaft (DB) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Deutsche Bank Aktiengesellschaft (DB) is a “Hold”. 18 analysts offering their recommendations for the stock have an average rating of 3.00, where 7 rate it as a Hold and 1 think it is a “Overweight”. 7 of the analysts rate the stock as a “Buy”. 3 analysts have rated the stock as a Sell or Underperform.
Deutsche Bank Aktiengesellschaft is expected to release its quarterly report on 02/02/2023.The EPS is expected to grow by 28.60% this year.
Deutsche Bank Aktiengesellschaft (DB) Top Institutional Holders
The shares outstanding are 2.08B, and float is at 1.93B with Short Float at 0.53%.
Deutsche Bank Aktiengesellschaft (DB) Insider Activity
A total of 3 insider transactions have happened at Deutsche Bank Aktiengesellschaft (DB) in the last six months, with sales accounting for 0 and purchases happening 3 times.
Deutsche Bank Aktiengesellschaft (DB): Who are the competitors?
The company’s main competitors (and peers) include Credit Suisse Group AG (CS) that is trading -57.16% down over the past 12 months and Banco Santander S.A. (SAN) that is -17.87% lower over the same period. JPMorgan Chase & Co. (JPM) is -17.83% down on the 1-year trading charts.