In today’s session Deutsche Bank AG (USA) (DB) recorded an unusually high (501) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the December, 2016 put, expecting serious DB decrease. With 501 contracts traded and 109674 open interest for the Dec, 16 contract, it seems this is a quite bearish bet. The option with symbol: DB161216P00012000 closed last at: $0.5 or 0% . About 1.92M shares traded hands. Deutsche Bank AG (USA) (NYSE:DB) has declined 15.57% since April 5, 2016 and is downtrending. It has underperformed by 17.52% the S&P500.
Deutsche Bank AG (USA) (NYSE:DB) Ratings Coverage
Out of 11 analysts covering Deutsche Bank AG (NYSE:DB), 2 rate it a “Buy”, 5 “Sell”, while 4 “Hold”. This means 18% are positive. Deutsche Bank AG has been the topic of 13 analyst reports since September 17, 2015 according to StockzIntelligence Inc. The stock of Deutsche Bank AG (USA) (NYSE:DB) has “Underperform” rating given on Friday, April 29 by Keefe Bruyette & Woods. As per Wednesday, October 28, the company rating was downgraded by JP Morgan. As per Friday, July 29, the company rating was downgraded by Bank of America. The company was downgraded on Thursday, June 9 by Barclays Capital. The rating was initiated by Credit Suisse with “Underperform” on Monday, September 19. The rating was downgraded by RBC Capital Markets to “Sector Perform” on Thursday, June 2. The firm earned “Overweight” rating on Thursday, January 7 by Barclays Capital. The stock of Deutsche Bank AG (USA) (NYSE:DB) earned “Underperform” rating by Wood on Friday, April 29. The rating was upgraded by Kepler Cheuvreux on Monday, October 5 to “Buy”. JP Morgan downgraded the shares of DB in a report on Monday, June 27 to “Neutral” rating.
According to Zacks Investment Research, “Deutsche Bank is one of the leading international financial service providers. As a multi-specialist bank, they offer customers a broad range of modern banking services.”
Deutsche Bank AG is a global investment bank. The company has a market cap of $20.93 billion. The Bank is engaged in providing commercial and investment banking, retail banking, transaction banking and asset and wealth management services and products to firms, governments, institutional investors, small and medium-sized businesses, and private individuals. It currently has negative earnings. It operates through four business divisions: Global Markets ; Corporate & Investment Banking (CIB); Deutsche Asset Management; Private, Wealth & Commercial Clients (PW&CC).
More news for Deutsche Bank AG (USA) (NYSE:DB) were recently published by: Etfdailynews.com, which released: “Moody’s: Deutsche Bank Nearing “Default Point”” on October 27, 2016. Investorplace.com‘s article titled: “3 Stocks to Watch on Monday: Deutsche Bank AG (USA) (DB), Take-Two Interactive …” and published on October 17, 2016 is yet another important article.
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