Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Deutsche Bank (DB) Stock Price

News headlines about Deutsche Bank (NYSE:DB) have trended somewhat positive this week, Accern reports. The research group identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Deutsche Bank earned a coverage optimism score of 0.16 on Accern’s scale. Accern also assigned news articles about the bank an impact score of 44.1587571735643 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

These are some of the news headlines that may have effected Accern Sentiment’s scoring:

Shares of Deutsche Bank (NYSE DB) traded up $0.28 during mid-day trading on Friday, reaching $19.19. 1,580,000 shares of the company traded hands, compared to its average volume of 4,410,000. Deutsche Bank has a 1 year low of $15.09 and a 1 year high of $20.94. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 2.35. The firm has a market capitalization of $39,570.00, a price-to-earnings ratio of 12.88 and a beta of 1.37.

Several equities research analysts have recently issued reports on the company. ValuEngine cut Deutsche Bank from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Credit Suisse Group raised shares of Deutsche Bank from an “underperform” rating to a “neutral” rating in a research note on Tuesday, September 5th. DZ Bank AG reissued a “buy” rating on shares of Deutsche Bank in a research note on Thursday, October 26th. Zacks Investment Research downgraded shares of Deutsche Bank from a “buy” rating to a “strong sell” rating in a research note on Thursday, September 7th. Finally, Keefe, Bruyette & Woods raised shares of Deutsche Bank from a “market perform” rating to an “outperform” rating in a research note on Tuesday, September 12th. Five equities research analysts have rated the stock with a sell rating, five have given a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. Deutsche Bank currently has an average rating of “Hold” and a consensus target price of $19.26.

ILLEGAL ACTIVITY NOTICE: This report was first published by Transcript Daily and is owned by of Transcript Daily. If you are accessing this report on another website, it was illegally copied and reposted in violation of international trademark & copyright legislation. The original version of this report can be read at https://transcriptdaily.com/2017/11/26/somewhat-favorable-press-coverage-somewhat-unlikely-to-affect-deutsche-bank-db-stock-price.html.

Deutsche Bank Company Profile

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

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

Leave a Reply