Erste Group Bank Has Positive Outlook of DB FY2027 Earnings

Deutsche Bank Aktiengesellschaft (NYSE:DB) – Equities researchers at Erste Group Bank lifted their FY2027 earnings estimates for Deutsche Bank Aktiengesellschaft in a research report issued to clients and investors on Wednesday, August 5th. Erste Group Bank analyst S. Lingnau now forecasts that the bank will earn $4.40 per share for the year, up from their previous forecast of $4.27. The consensus estimate for Deutsche Bank Aktiengesellschaft’s current full-year earnings is $3.88 per share.

Several other equities research analysts have also recently commented on the company. Bank of America set a $43.00 target price on Deutsche Bank Aktiengesellschaft in a research note on Tuesday, July 7th. Citigroup reissued a “neutral” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, July 20th. Wall Street Zen cut Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a report on Saturday, June 6th. Zacks Research downgraded shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 29th. Finally, Oddo Bhf upgraded shares of Deutsche Bank Aktiengesellschaft to an “outperform” rating in a research report on Friday, May 8th. Four research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Deutsche Bank Aktiengesellschaft presently has a consensus rating of “Hold” and a consensus price target of $43.00.

Deutsche Bank Aktiengesellschaft Stock Performance

DB stock opened at $38.24 on Tuesday. The firm has a market cap of $74.19 billion, a PE ratio of 10.20, a price-to-earnings-growth ratio of 0.53 and a beta of 0.94. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.35. The stock has a 50-day moving average price of $34.97 and a 200-day moving average price of $33.86. Deutsche Bank Aktiengesellschaft has a 1-year low of $28.12 and a 1-year high of $40.43.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last released its earnings results on Thursday, July 30th. The bank reported $0.66 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.91 by ($0.25). Deutsche Bank Aktiengesellschaft had a net margin of 11.53% and a return on equity of 8.46%. The firm had revenue of $9.68 billion during the quarter, compared to analyst estimates of $9.30 billion.

Institutional Investors Weigh In On Deutsche Bank Aktiengesellschaft

A number of institutional investors have recently added to or reduced their stakes in DB. GAMMA Investing LLC grew its holdings in shares of Deutsche Bank Aktiengesellschaft by 51.6% in the second quarter. GAMMA Investing LLC now owns 814 shares of the bank’s stock valued at $27,000 after acquiring an additional 277 shares in the last quarter. Triumph Capital Management purchased a new position in Deutsche Bank Aktiengesellschaft in the third quarter valued at about $32,000. Geneos Wealth Management Inc. grew its stake in shares of Deutsche Bank Aktiengesellschaft by 178.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,376 shares of the bank’s stock worth $40,000 after acquiring an additional 881 shares during the period. Advisory Services Network LLC bought a new stake in Deutsche Bank Aktiengesellschaft during the 3rd quarter valued at $59,000. Finally, GHP Investment Advisors Inc. bought a new position in shares of Deutsche Bank Aktiengesellschaft in the first quarter valued at approximately $64,000. 27.90% of the stock is owned by institutional investors.

Deutsche Bank Aktiengesellschaft Company Profile

Deutsche Bank Aktiengesellschaft is a global banking and financial services company headquartered in Frankfurt, Germany. Founded in 1870 to support German foreign trade, the firm has grown into a full-service bank offering a wide range of banking, advisory and transaction services to corporate, institutional, and private clients. Over its history the bank has expanded internationally and developed capabilities across capital markets, investment banking, retail and commercial banking, and wealth management.

The bank’s core business activities include corporate and investment banking—covering financing, advisory, sales and trading, and capital markets services—along with private & commercial banking for individual and small-to-medium enterprise clients.