Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Deutsche Bank AG NA O.N. (DBKGn)

Real-time capital.com
Currency in EUR
Disclaimer
14.438
-0.272(-1.85%)
Closed

DBKGn Comments

At the end of the day, DBK is trading at a very significant discount to book and tangible. The discount is driven by the fact that the business is not only not growing but also unprofitable. So really the direction of the share price going forward is dependent on the strategic direction that the management take this business forward. The current focus on the IB side which is not only unprofitable but also hoards capital that could be allocated to profitable areas, it one of the key drags on this share price. The nomination of the new CEO initially seemed to indicate a change of strategy on this front and the share price jumped accordingly. However, it became very clear soon after that the strategy was going to remain unchanged and that the change in CEO was more about executing better... and the share price has since trended lower. Until a fundamental shift in strategy is implemented that the market believes in, this share price will be moving sideways.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.