Deutsche Bank AG (DB) has an average broker rating of 4, which is interpreted as a Sell, as rated by 3 equity analysts. Nevertheless, the majority of 1 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 5, which is also a Strong Sell. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company. 1 considers that the stock is a Sell.
The shares have received a consensus rating of Sell for the current week Also, Major Brokerage house, Barclays downgrades its ratings on Deutsche Bank AG (NYSE:DB). According to the latest information available, the shares are now rated Equal-weight by the analysts at the agency. Previously, the analysts had a Overweight rating on the shares. The rating by the firm was issued on June 9, 2016.
Deutsche Bank AG (NYSE:DB): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $12.56 and $12.48 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $12.71. The buying momentum continued till the end and the stock did not give up its gains. It closed at $12.69, notching a gain of 0.87% for the day. The total traded volume was 7,203,696 . The stock had closed at $12.58 on the previous day.
Deutsche Bank AG is a global investment bank, which offers a range of products and services in investment, corporate and retail banking, as well as in asset and wealth management. The Group operates through five corporate divisions: Corporate Banking & Securities (CB&S), Private & Business Clients (PBC), Global Transaction Banking (GTB), Deutsche Asset & Wealth Management (Deutsche AWM) and Non-Core Operations Unit (NCOU). CB&S consists of two business divisions, Corporate Finance and Markets, which offers a range of financial products. PBC consists of three business units, Private and Commercial Banking, Advisory Banking International and Postbank. GTB delivers commercial banking products and services to corporate clients and financial institutions. Deutsche AWM is an investment organization which offers investments across various asset classes to individuals and institutions. NCOU operates as a separate division alongside Deutsche Banks core businesses.