Deutsche Bank (DB) Getting Somewhat Critical Media Coverage, Analysis Finds

Headlines about Deutsche Bank (NYSE:DB) have trended somewhat negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive press coverage by analyzing more than 6,000 blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Deutsche Bank earned a news sentiment score of -1.83 on their scale. InfoTrie also assigned press coverage about the bank an news buzz score of 7 out of 10, indicating that recent press coverage is likely to have an impact on the company’s share price in the next few days.

Here are some of the news headlines that may have impacted Deutsche Bank’s ranking:

A number of equities research analysts recently issued reports on DB shares. Royal Bank of Canada reaffirmed a “sell” rating on shares of Deutsche Bank in a research note on Friday, March 22nd. Norddeutsche Landesbank reaffirmed a “hold” rating on shares of Deutsche Bank in a research note on Saturday, February 2nd. Barclays reaffirmed a “sell” rating on shares of Deutsche Bank in a research note on Monday, March 25th. Bank of America set a $7.00 price target on shares of Deutsche Bank and gave the company a “sell” rating in a research note on Thursday, April 11th. Finally, UBS Group reiterated a “hold” rating and set a $7.80 price objective on shares of Deutsche Bank in a research report on Friday, April 26th. Ten analysts have rated the stock with a sell rating and nine have assigned a hold rating to the company’s stock. Deutsche Bank currently has a consensus rating of “Sell” and an average price target of $7.55.

Shares of DB stock traded down $0.18 during mid-day trading on Wednesday, hitting $7.34. 4,268,289 shares of the stock traded hands, compared to its average volume of 5,108,328. The firm has a market cap of $15.25 billion, a price-to-earnings ratio of 17.07 and a beta of 1.35. Deutsche Bank has a 52-week low of $7.34 and a 52-week high of $13.17. The company has a debt-to-equity ratio of 2.27, a quick ratio of 0.80 and a current ratio of 0.80.

Deutsche Bank (NYSE:DB) last released its quarterly earnings results on Friday, April 26th. The bank reported $0.09 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.07 by $0.02. The business had revenue of $7.21 billion during the quarter. Deutsche Bank had a net margin of 0.88% and a return on equity of 0.48%. As a group, equities analysts predict that Deutsche Bank will post 0.56 earnings per share for the current fiscal year.

COPYRIGHT VIOLATION WARNING: “Deutsche Bank (DB) Getting Somewhat Critical Media Coverage, Analysis Finds” was reported by Sundance Herald and is the sole property of of Sundance Herald. If you are viewing this piece of content on another publication, it was illegally stolen and reposted in violation of US & international copyright law. The correct version of this piece of content can be viewed at https://sundanceherald.com/2019/05/22/deutsche-bank-db-earning-somewhat-negative-press-coverage-report-finds.html.

Deutsche Bank Company Profile

Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services to private individuals, corporate entities, and institutional clients worldwide. It operates through three segments: Corporate & Investment Bank (CIB), Private & Commercial Bank (PCB), and Deutsche Asset Management.

Read More: Institutional Investors

Insider Buying and Selling by Quarter for Deutsche Bank (NYSE:DB)

Receive News & Ratings for Deutsche Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deutsche Bank and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply