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Citi upgrades Deutsche Bank AG (DB) to a Hold

Tipranks - Tipranks - Fri Apr 10, 6:48PM CDT

Deutsche Bank AG received a Hold rating and price target from Citi analyst Andrew Coombs today.

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According to TipRanks, Coombs is a 5-star analyst with an average return of 17.7% and a 70.51% success rate. Coombs covers the Financial sector, focusing on stocks such as Barclays, UBS Group AG, and Deutsche Bank AG.

Deutsche Bank AG has an analyst consensus of Moderate Buy, with a price target consensus of $42.50.

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Based on Deutsche Bank AG’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €14.52 billion and a net profit of €1.5 billion. In comparison, last year the company earned a revenue of €15.27 billion and had a net profit of €303 million

Based on the recent corporate insider activity of 18 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of DB in relation to earlier this year.

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