Brokerage Firm Rating Update on Deutsche Bank AG (DB)

Deutsche Bank AG (DB) has an average broker rating of 4.5, which is interpreted as a Strong Sell, as rated by 2 equity analysts. 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, Equity Analysts at the Brokerage Firm, Barclays, downgrades their rating on the shares of Deutsche Bank AG (NYSE:DB). Barclays has a Equal-weight rating on the shares. 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): The stock opened at $14.53 and touched an intraday high of $14.64 on Wednesday. During the day, the stock corrected to an intraday low of $14.45, however, the bulls stepped in and pushed the price higher to close in the green at $14.54 with a gain of 0.55% for the day. The total traded volume for the day was 2,199,882. The stock had closed at $14.46 in the previous trading session.

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.

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