After this afternoon's -4.5% drop to $12.6 per share, Deutsche Bank AG might just keep moving past its target price of $12.81. With an average analyst rating of hold, and target prices from $11.63 to $13.99, the stock's next move is anyone's guess.
The stock has a very low short interest at 0.6%, and a short ratio of 4.52. The company's insiders own 7.85% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that only a small number of institutional investors are invested in the stock, with 38.0% of Deutsche Bank AG's shares being owned by this investor type.
Institutions Invested in Deutsche Bank AG
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-09-30 | Vanguard Group Inc | 4% | 77,480,209 | $976,250,662 |
| 2023-09-30 | Hudson Executive Capital, LP | 3% | 67,389,676 | $849,109,943 |
| 2023-09-30 | Deutsche Bank Aktiengesellschaft | 2% | 50,995,538 | $642,543,798 |
| 2022-12-31 | Norges Bank Investment Management | 2% | 45,401,401 | $572,057,669 |
| 2023-09-30 | Amundi | 2% | 40,997,837 | $516,572,761 |
| 2023-09-30 | Goldman Sachs Group Inc | 1% | 29,130,984 | $367,050,409 |
| 2023-09-30 | Arrowstreet Capital, Limited Partnership | 1% | 23,247,951 | $292,924,191 |
| 2023-09-30 | Cerberus Capital Management, L.P. | 1% | 19,526,250 | $246,030,757 |
| 2023-09-30 | Bank of America Corporation | 1% | 16,777,665 | $211,398,585 |
| 2023-12-31 | DekaBank Deutsche Girozentrale | 1% | 15,910,437 | $200,471,512 |
Besides an analyst consensus of some upside potential, other market factors point to there being positive market sentiment on Deutsche Bank AG.
