Deutsche Bank AG [DB] stock is trading at $29.31, up 5.43%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The DB shares have gain 4.23% over the last week, with a monthly amount glided 2.99%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Barclays upgraded its rating to Overweight on September 03, 2024. On March 27, 2024, upgrade upgraded it’s rating to Overweight. Citigroup downgraded its rating to a Neutral. Societe Generale downgraded its rating to Hold for this stock on July 10, 2023. In a note dated May 04, 2023, Citigroup upgraded an Buy rating on this stock.
Deutsche Bank AG [DB] stock has fluctuated between $13.70 and $29.07 over the past year. Currently, Wall Street analysts expect the stock to reach $14.87 within the next 12 months. Deutsche Bank AG [NYSE: DB] shares were valued at $29.31 at the most recent close of the market. An investor can expect a potential drop of -49.27% based on the average DB price forecast.
Analyzing the DB fundamentals
Deutsche Bank AG [NYSE:DB] reported sales of 69.57B for the trailing twelve months, which represents a drop of -8.03%. Gross Profit Margin for this corporation currently stands at 1.21% with Operating Profit Margin at -0.56%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.05 and Total Capital is -0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.64.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 28.91 points at the first support level, and at 28.52 for the second support level. However, for the 1st resistance point, the stock is sitting at 29.52, and for the 2nd resistance point, it is at 29.74.
Ratios To Look Out For
For context, Deutsche Bank AG’s Current Ratio is 5.35. Considering the valuation of this stock, the price to sales ratio is 0.82, the price to book ratio is 0.79 and price to earnings (TTM) ratio is 12.38.
