Deutsche Bank AG (NYSE: DB). Extremely significant positive changes in investment behavior have recently occurred: the stock’s recent price rise disrupted its longer term downtrend, and its longer term price trend turned up.
Important positive changes in Deutsche Bank AG (NYSE: DB) fundamentals have recently occurred. Positive developments: the stock’s power rating rose above 70, significant quarterly sales acceleration occurred, and significant quarterly earnings acceleration occurred. Negative development: the consensus estimate for December, 2023 decreased significantly.
In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
DB is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Deutsche Bank has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Deutsche Bank has a good Power Rating of 74 and a very high Appreciation Score of 98, producing the Highest Value Trend Rating.
Recent Price Action
On 12/4/23, Deutsche Bank AG (NYSE: DB) stock declined slightly by -0.8%, closing at $12.49. Trading volume in this decline was normal. The stock has risen 2.8% during the last week and has been strong relative to the market over the last nine months.
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