Deutsche Bank AG
Wall Street’s Views and Recommendations for PPG Industries
The number of analysts covering PPG Industries (PPG) has risen from 21 to 22. About 55.0% of them have recommended a “buy” for the stock.
Treasury Yields Rise as the Situations in Greece and China Improve
Treasury yields rose marginally across the yield curve in the week ended July 10, 2015. The demand for safe-heaven securities dropped.
European Equities – Strong Performance in 2015
Major ETFs tracking European equities—like the WisdomTree International Hedged Equity Fund (HEDJ)—also generated good returns for investors.
Wall Street Analysts’ Views on Praxair ahead of 4Q17 Earnings
Of the 20 analysts currently tracking Praxair, 65% of them have recommended a “buy,” and 30% have recommended a “hold.”
Will Time Warner’s Programming Strategy for Warner Bros. Work?
Warner Bros. had revenues of $13 billion in 2015, a rise of 4% year-over-year (or YoY). However, Warner Bros. saw a 13% YoY fall in revenues in fiscal 4Q15, with revenues of $3.3 billion.
Deutsche Bank Reports 3Q15 Losses of 6 Billion Euros
Deutsche Bank (DB) announced its third quarter earnings on October 29, 2015. The bank reported losses of 6 billion euros ($6.6 billion), which was in line with a warning issued earlier in October.
What’s the Latest Street View of APD?
As of June 19, of the 20 analysts actively tracking APD stock, 60% had recommended a “buy,” while 30% of the analysts had recommended a “hold.”
Emerging Market Equities Saw Outflow in Week Ending August 14
China’s devaluation of its currency, combined with a steep decline in Russia’s GDP, led investors to withdraw funds from these emerging markets.
Institutional Asset Managers Liquidate Exposure to Brazil ETFs
The 13F filings of major institutional asset managers for the second quarter of 2015 offer a gloomy picture for Brazil.
3M: Why Are Analysts Cautious?
Analysts’ consensus on 3M indicates a target price of $211.50, which implies a marginal gain of 0.5% over the closing price as of October 9.
EU Equities Decline on Greece’s Woes in Week Ended May 29
EU equities outperformed other major markets in 2015 due to quantitative easing announced by the European Central Bank, a weaker currency, and rising exports.
The FEZ ETF Rises After the ECB Statement
The FEZ ETF rose by ~1.4% in the October 22 trading session after the ECB statement. The top performing industries were banking, transportation, and REIT.
German July Business Climate Index Beats Forecasts
The German IFO Business Climate Index released on a positive note in July at 108 points. It was above forecasts with expectations around 107.5 levels.
Service Sector Provides Optimism toward Growth in Germany
Germany’s composite output index declined to 54.3 in September compared to 55.0 in August 2015.
Investment-Grade Bond Funds Witness Largest Outflow of 2015
Flows into investment-grade bond funds were negative for the week ended August 26, making it the fifth successive week of outflows. It was the largest outflow of 2015 so far.
Deflation Continues in the Eurozone: VGK Down 1.43%
Consumer prices in the Eurozone remain in negative territory. Inflation was reported to be -0.1% in March. So, the Eurozone remains in a state of deflation.
What Are Analysts Recommending Now for AngloGold?
About 59% of analysts covering AngloGold have given it “buy” recommendations. About 24% of analysts have issued “holds,” and 18% have issued “sells.”
German Industrial Production Failed to Regain Strength in August
The Germany industrial production index fell 1.2% in August 2015 against a revised increase of 1.2% in July.
How Geopolitical Issues Are Affecting the Market: FEZ Falls 1.0%
The SPDR EURO STOXX 50 ETF (FEZ), which tracks the performances of European equities, fell 1.0% on November 13 and closed at $35.19.
How Bond Buybacks Add Value
As of June 30, 11 fallen angel companies had issued tender offers YTD, boosting their bond prices by 5% on average.
VGK and EFA up on Good Inflation News from Germany and France
Rising wages in Germany have been a boon for private consumption. The weaker euro helped German exports. France also reported a revival in its inflation rate.
June Report: ‘The Outlook for Germany Is Overcast’
According to the Ifo President Hans-Werner Sinn, “The outlook for the German economy is overcast.” There seems to be increased pessimism among Germans with respect to business development there.
Oasis Petroleum: What Are Wall Street’s Forecasts?
Consensus ratings for Oasis Petroleum Approximately 61% of analysts have rated Oasis Petroleum (OAS) a “buy” and ~36% have rated it as a “hold.” The average broker target price of $16.93 for OAS implies a return of ~17% over the next 12 months. Oasis Petroleum’s (OAS) high target price stands at $22, and its low […]
EU Equities Trading at Historic Highs
Overall growth in the region should encourage additional investment in EU equities, which are currently trading at a marginal discount against the US.
Analyst Sentiment for Coeur Mining: Why It’s Changing
The market consensus rating for Coeur Mining stock is a “buy” from 67.0% of analysts. About 33.0% are recommending a “hold.”
An Overview of CRSAX’s Investment Methodology
CRSAX presently trades at $4.47 with an average dividend yield of 3.9%, and could benefit Investors seeking to diversify their portfolios.
European Union Equities See Valuations Dip Last Week
The stronger performance of European Union equities should be beneficial for passive asset managers sponsoring ETFs.
Swedish Krona Gains on Positive Growth Figures
The Swedish krona gained by more than 1.5% against the US dollar and 1.0% against the euro on September 11, 2015, as the economy grew at a faster rate than expected in 2Q15.
Investment-Grade Bond Funds See Outflows for 4 Consecutive Weeks
Flows into investment-grade bond funds were negative for the week ended August 21, making it the fourth successive week of outflows. The funds saw net outflows of $1.09 billion.
Bank of Portugal Defied Pari Passu: What Does It Mean?
By assigning five of Novo Banco’s 52 senior bonds to Banco Espirito Santo, the Bank of Portugal defied the principle of pari passu.
Why the Euro Slumped on Dovish ECB Statement
The euro fell by more than 2% against the US dollar after the ECB (European Central Bank) meeting on October 22, 2015.
Financials, Discretionary Hurting Key Vanguard European Fund
The Vanguard European Stock Index Fund Investor Shares (VEURX) has fallen 3.2% year-to-date (or YTD). Let’s see why.
Uh Oh: BMW Fell 5.6%, Recalling i8 for Stability Control Problem
On Wednesday, January 13, 2016, the stocks at the bottom of the SPDR Euro STOXX 50 ETF (FEZ) were BMW, Daimler (DDAIF), Deutsche Bank (DB), SAP (SAP), and Siemens (SIEGY).
Why Are Deutsche Bank Investors So Concerned About AT1 Coupons?
Shares of Deutsche Bank (DB) have fallen nearly 10% in the last three trading sessions. Efforts to reassure investors about its ability to pay coupons on its AT1 bonds were in vain.
A Must-Read Structural Analysis of Alternative Mutual Fund CRSAX
Alternative mutual funds such as the Credit Suisse Commodity Return Strategy Fund (CRSAX) use commodity strategy to achieve their investment objectives.
Why Deutsche Bank Prefers Bank of America over J.P. Morgan
In this series, we’ll compare Bank of America and J.P. Morgan on the basis of their 2Q earnings, profitability, cost-cutting initiatives, and interest rate sensitivities.
German Consumer Confidence: What to Expect in 2017
Consumer confidence in Germany rose more than expected in February 2017, reflecting the recent boost in its market performance
Eurozone Agreement: Greece to Receive up to $96 Billion
On July 13, the Greek saga hit another milestone. Eurozone ministers reached a unanimous agreement to bail Greece out again.
Why is the Performance Lagging Behind the EU Valuations?
Overall, the EU’s profitability hasn’t improved. The gap between current and one-year forward valuations is high. This reflects expectations of a strong recovery.
Declining oil prices benefit Europe, says Draghi
On Monday, March 17, ECB (European Central Bank) chief Mario Draghi stated that declining oil prices benefit Europe and cited the economic benefits.
Sector Underperformance Hurts Vanguard European Stock Index Fund
With 516 holdings, the top three sectors invested in by the Vanguard European Stock Index Fund were financials, healthcare, and consumer staples, with exposures of 23.3%, 13.9%, and 13.6%, respectively.
Eurozone Economic Sentiment Declines, Third Month in a Row
For July 2015, the downward trend in the ZEW Indicator of Economic Sentiment continued for Germany as well as the Eurozone.
Germany’s Industrial Production Fell, Energy Production Rose
Germany’s IIP (industrial production index) fell by 0.3% month-over-month in November—compared to a revised rise of 0.5% in October 2015.
What Are Analysts Saying about Bank of America?
Bank of America has had a great November thanks to Trump’s presidential victory, but this has also led to several downgrades for the stock.
FEZ Up 0.36%, EWG Up 0.86% on Good Inflation News from Germany
Germany’s EU-harmonized inflation rate stood at 0.1% in March on a year-over-year basis, against the -0.1% rate in February.
In-Depth Analysis of the FEZ ETF and Its Constituents
In the software space, SAP (SAP) gave a positive return. In the banking space, all banks gave negative return except for Unicredito (UNCFF).
Wall Street’s Views on DuPont, Pre-2Q17 Earnings Release
Wall Street’s views on DuPont As of July 18, 2017, 18 analysts were tracking DuPont (DD) stock. Among them, 50% recommended “buy,” and 50% recommended “hold.” There were no “sell” recommendations. The analysts’ 12-month target price is $90, which implies a potential return of 6.3% based on the closing price of $84.63 on July 18, 2017. […]
Analysts Cut Tableau Software’s Price Target
After Tableau reduced its financial outlook for 1Q16 and 2016, a number of analysts lowered their price targets on the company.
Analyzing Germany’s Importance in the Eurozone
Germany (EWG) contributes around 28% of the Eurozone’s total GDP. France, Italy (EWI), and Spain contribute 21%, 17%, and 11%, respectively, towards the GDP.
Emerging Market Equities See Positive Flows in April
The iShares MSCI Emerging Markets Minimum Volatility ETF (EEMV) and several other emerging-market ETFs attracted positive flows totaling $0.3 billion for the week ended May 1, 2015.
Turkish Lira Sinks to Record Lows against the US Dollar
The Turkish lira fell to historical lows against the US dollar to 2.87 on August 17, 2015. The currency was caught in a heavy sell-off experienced by major emerging markets.
How Does US Economic Growth Bode for Gold in 2017?
The US jobs report showed 156,000 job additions in December 2016. This number was below the consensus estimate of 175,000 job additions.
Morgan Stanley Sees 1Q Decline in Investment Management Business
Morgan Stanley’s Investment Management segment was the only division to report lower revenue and profitability as compared to the previous year.
Why Deutsche Bank’s Trading Revenues Plunged in 2Q16
Revenues from Deutsche Bank’s Corporate and Investment banking unit fell by 12% in 2Q16. Revenues from its Global Markets business fell by 28%.
What Drove Deutsche Bank’s 3Q16 Earnings?
Deutsche Bank’s (DB) profits of 278 million euros for 3Q16 were a big surprise for investors who expected it to report losses.
ECB Extends Bond-Buying Program: How Did European Banks React?
Last week, the ECB reduced the key interest rate by 10 basis points to -0.4% and announced plans to increase the monetary stimulus program to 80 billion euros starting in April.
European Equities Rise on Expectation of Further Stimulus
European equities rose as the ECB’s president hinted at further stimulus for the European economy amid falling commodities and a slowing global economy.
Anheuser-Busch Rose 1.5% and Pushed FEZ Up
Anheuser-Busch pushed the SPDR Euro Stoxx 50 ETF (FEZ) up with a 1.5% gain. Currently, the stock is trading at 118.10 euro. Its 52-week high is 119.65 euro.
Germany’s Manufacturing Activity Rose to 4-Month High in December
According to Markit, Germany’s manufacturing PMI rose to 53.2 in December 2015, compared to its November level of 52.9 level.
Analysts’ Ratings and Average Target Price for Deutsche Bank
Deutsche Bank has been under fire over the past year. The shares of the company have fallen 32% in 2016 and 48% in the last year.
Inside Deutsche Bank’s Losses in 2015
Deutsche Bank (DB) reported losses of 2.1 billion euros, or about $2.35 billion, for 4Q15, which was in line with expectations.
Viacom Expects to Benefit from Sale of Minority Stake in Paramount
Early this year, Viacom stated that it is willing to sell a minority stake in Paramount. The company elaborated on this potential sale at the June 9, 2016, Gabelli & Company Movie & Entertainment conference.
Deutsche Bank Hopes ‘Strategy 2020’ Will Get It Back on Track
Investors worried about Deutsche Bank’s bankruptcy are now looking at CEO John Cryan’s plan to restructure its operations to get it back into profitability.
Can Deutsche Bank’s 3Q Earnings Boost Sentiment amid Turmoil?
Wall Street analysts expect Deutsche Bank to post EPS of 0.34 euros, or $0.38. In 3Q15, the bank reported losses of 0.69 euros, or $0.76.
Viacom’s Positive Outlook for Its Affiliate Fees
Viacom’s (VIAB) Media Networks segment had affiliate fees of $1.1 billion in fiscal 2Q16, a decline of 1% over fiscal 2Q15.
What must the ECB do to repair the Eurozone’s financial sector?
Much of financial intermediation in Europe, about 80%, takes place through banks. Bank lending is also key to the small and medium-term enterprises sector.
Ray Dalio’s Bridgewater Associates Has Something Interesting to Say about Brexit
Bridgewater Associates, which is managed by billionaire investor Ray Dalio, has warned its clients that a Brexit win could spread among EU countries.
Wall Street Analysts’ Outlook Positive For Melco Crown
Morgan Stanley upgraded MPEL shares to an overweight rating in a research note issued to investors on January 5, 2015, with a revised target price of $28.
Can Tesla’s Pickup Truck Turn Analysts’ Tide in its Favor?
Yesterday, Deutsche Bank (DB) bumped up its target price for Tesla (TSLA) by 12% after the company revealed the Tesla pickup truck on November 21.
Could Ford’s Electric SUV Take On the Tesla Model Y?
Ford is set to unveil its “Mustang-inspired” crossover SUV, the Mach-E, on November 17. The company is positioning it against the Tesla Model Y.
Uber and Lyft Hit Record Lows, MKM Initiates a ‘Neutral’
Uber and Lyft have been hitting lower lows almost every day. On October 2, the stocks were trading at their all-time lows of $29.0 and $38.4, respectively.
Lyft Stock: Why Are Cramer and Wells Fargo at Odds?
Lyft (LYFT) stock has fallen nearly 43% compared to its IPO price of $72. The stock has been hitting new all-time lows lately.
Why Uber and Lyft Have Analysts Feeling Positive
Uber and Lyft have been going through a rough patch lately. Uber debuted through an IPO in March at $45, while Lyft had its IPO in May at a price of $72.
Will Nio’s Q2 Earnings Disappoint?
Nio (NIO) is scheduled to release its second-quarter earnings tomorrow before the market opens. Will the “Tesla of China” disappoint?
Are Analysts on Wall Street Becoming Bearish?
The Dow continues to trade just below its all-time high. Analysts are watchful as stocks’ valuations rise, making them expensive at their current prices.
Could Harmony Gold Regain Analysts’ Lost Favor?
According to the consensus compiled by Thomson Reuters, Harmony Gold (HMY) has “buy” ratings from 30% of the analysts covering the stock.
Is Lyft Stock Bottoming? Deutsche Bank Thinks So
Yesterday, CNBC reported that Deutsche Bank (DB) had initiated coverage of Lyft (LYFT) stock with a “buy” rating.
Why Jeffrey Gundlach Sees Huge Upside in Gold
Jeffrey Gundlach sees upside potential in gold prices as negative-yielding debt rises worldwide. He sees gold rising to $1,600–$1,700 per ounce.
Concerns About Deutsche Bank’s Turnaround Plan Drag on Its Stock
Deutsche Bank reported more losses on Tuesday after doubts about its turnaround plan intensified.
What Made Deutsche Bank Take the Drastic Step of Job Cuts?
On Sunday, Deutsche Bank announced job cuts as part of its restructuring changes, shocking thousands of its employees in London, Tokyo, and New York.
Analyzing Deutsche Bank’s Bullish Gold Outlook
Like many other analysts, Deutsche Bank (DB) is also bullish on gold (GLD) prospects.
Deutsche Bank Upgraded Barrick Gold
Barron’s reported that Deutsche Bank (DB) analyst Chris Terry has increased gold’s (GLD) (IAU) target price to $1,350 per ounce for 2019.
Why Is Deutsche Bank Bullish on Gold?
Gold prices (GLD) have risen 0.5% YTD (year-to-date) until April 12—compared to the gain of 16.1% in the S&P 500 Index (SPY).
Illinois Tool Works: Analysts’ Recommendations
Among the 21 analysts tracking Illinois Tool Works stock, 19% recommended a “buy,” 67% recommended a “hold,” and 5% recommended a “sell.”
What to Expect from Dropbox’s Revenue and Earnings Growth
Analysts expect Dropbox’s (DBX) revenues to rise 23% in the third quarter of 2018.
IFF: How Much Upside Do Analysts See?
For International Flavors and Fragrances, 42% of the analysts recommended a “buy,” 42% recommended a “hold,” and 16% recommended a “sell.”
Caterpillar: More Analysts Favor a ‘Buy’
Analysts’ interest in Caterpillar has increased since its Q2 2018 earnings—60% recommend a “buy,” 33% recommend a “hold,” and 7% recommend a “sell.”
Why Are Analysts Bullish on Celanese Stock?
About 74% of analysts covering Celanese (CE) stock have recommended a “buy,” and 21% have recommended a “hold.”
What Analysts Recommend for Hewlett Packard Enterprise
Out of the 25 analysts tracking Hewlett Packard Enterprise (HPE), ten have a “buy” recommendation, 14 have a “hold” recommendation, and one has a “sell” recommendation.
How Long Can Dropbox’s User Base Continue to Grow?
When Dropbox filed its IPO (initial public offering) earlier this year, the company stated that it has a user base of approximately 500 million.
Delta Air Lines: Analysts Have a ‘Buy’ Rating
Since the beginning of 2017, 18 analysts have been actively tracking Delta Air Lines (DAL). All of the analysts have a “buy” rating.
Analyst Cut Sherwin-Williams’s Target Price but Stay Positive
Of the 26 analysts covering Sherwin-Williams, 69% recommend “buy,” 31% recommend “hold,” and none recommend “sell.”
How Analysts View International Flavors and Fragrances
The analysts’ consensus target price on IFF is $147.77, which implies a return potential of ~5.5% from the closing price of $140.1 as of May 2, 2018.
What Analysts Recommend for Eastman Chemicals after 4Q17
The analyst consensus target price for EMN is $109.3, which implies a return potential of 3.5% over the closing price as of March 29, 2018.
3M: An Update on Analysts’ View
Among the analysts, 38% recommended 3M stock as a “buy,” 37% recommended the stock as a “hold,” and 25% recommended the stock as a “sell.”
Analysts’ Views and Recommendations on 3M ahead of 4Q17 Earnings
The number of analysts tracking 3M in the past three months has been reduced to 14.
A Look at BlackBerry’s Enterprise Software and Services Segment
BlackBerry (BBRY) has identified four synergistic growth areas that are poised to drive its long-term revenue.
Deere: Wall Street’s Views at the End of 2017
Deere has been tracked by 24 analysts. Among the analysts, 46% recommended a “buy,” 50% recommended a “hold,” and 4% recommended a “sell.”
What Are Analysts Signaling with LyondellBasell?
As of December 7, 2017, 24 analysts are actively tracking LyondellBasell (LYB). Among these analysts, 29% recommend a “buy,” while 63% recommend a “hold.”
Wall Street Talks: Albemarle’s Target Prices by Analyst
As of November 28, 2017, 38% of the 21 analysts covering Albemarle (ALB) stock have recommended a “buy” for the stock, and 62% have recommended a “hold.”