On Wednesday, Deutsche Bank got an upgrade for its IBD SmartSelect Composite Rating from 94 to 96.
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The new rating shows the stock is outpacing 96% of all stocks when it comes to the most important stock-picking criteria.
Deutsche Bank is now out of buy range after clearing the 29.07 entry in a flat base.
The stock has a 98 EPS Rating, meaning its recent quarterly and longer-term annual earnings growth tops 98% of all stocks.
Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.
In Q2, the company posted 0% earnings-per-share growth. Top line growth climbed -4%, up from -5% in the prior report. That marks two consecutive reports with increasing revenue gains.
Deutsche Bank earns the No. 4 rank among its peers in the Banks-Money Centers industry group. NatWest Group ADR is the No. 1-ranked stock within the group.
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