Major Move Is Coming For Deutsche Bank AG (USA) After Bullish Options Activity

 Major Move Is Coming For Deutsche Bank AG (USA) After Bullish Options Activity

In today’s session Deutsche Bank AG (USA) (DB) registered an unusually high (645) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2018 call, expecting serious DB increase. With 645 contracts traded and 111654 open interest for the Jan, 18 contract, it seems this is a quite bullish bet. The option with symbol: DB180119C00025000 closed last at: $0.5 or 9.1% down. About 3.27M shares traded hands. Deutsche Bank AG (USA) (NYSE:DB) has declined 13.18% since April 25, 2016 and is downtrending. It has underperformed by 19.19% the S&P500.

Analysts await Deutsche Bank AG (USA) (NYSE:DB) to report earnings on January, 26.

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. JP Morgan downgraded Deutsche Bank AG (USA) (NYSE:DB) on Monday, June 27 to “Neutral” rating. The firm earned “Equal-Weight” rating on Thursday, June 9 by Barclays Capital. On Friday, November 13 the stock rating was downgraded by Citigroup to “Neutral”. As per Monday, October 5, the company rating was upgraded by Kepler Cheuvreux. Keefe Bruyette & Woods downgraded the shares of DB in a report on Friday, April 29 to “Underperform” rating. Wood downgraded the shares of DB in a report on Friday, April 29 to “Underperform” rating. The firm has “Overweight” rating given on Thursday, January 7 by Barclays Capital. The stock of Deutsche Bank AG (USA) (NYSE:DB) earned “Buy” rating by Nomura on Thursday, September 17. The rating was initiated by Credit Suisse with “Underperform” on Monday, September 19. The company was downgraded on Wednesday, October 28 by JP Morgan.

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 $20.94 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 recent Deutsche Bank AG (USA) (NYSE:DB) news were published by: Investorplace.com which released: “Forget Deutsche Bank AG (USA), Buy These 3 Foreign Banks Instead (DB)” on October 05, 2016. Also Etfdailynews.com published the news titled: “Deutsche Bank Fails to Strike Deal with DoJ Over $14B Fine” on October 09, 2016. Wsj.com‘s news article titled: “Deutsche Bank Shrinks US Business as Harsher Regulations Loom” with publication date: November 15, 2016 was also an interesting one.

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