Price targets

Analyst ratings

3 analysts rated this company in the past 90 days. The average target price is €31.00, this is a change of +2.0% compared to the current price.

• September 10, 2025

  RBC maintains Deutsche Bank's 'Outperform' rating - target EUR 34

  NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has maintained its rating for Deutsche Bank at "outperform" with a price target of €34. The European banks have recently been upgraded due to improved return prospects and are currently trading at a premium to historical averages, Benjamin Toms wrote in an industry study released Thursday. Nevertheless, there is potential for further price increases. However, ongoing geopolitical and economic uncertainties made the sector somewhat vulnerable to negative news given the strong performance./edh/tih

  Publication of the original study: September 10, 2025 / 5:45 PM / EDT

  First distribution of the original study: September 11, 2025 / 12:45 AM / EDT

  Note: Information on the disclosure obligation for conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• August 26, 2025

  Goldman lowers Deutsche Bank to 'Neutral' - target raised to 34 euros

  NEW YORK (dpa-AFX Analyst) - US investment bank Goldman Sachs raised its price target for Deutsche Bank shares from €30.25 to €34, but downgraded the stock from "Buy" to "Neutral" due to valuation concerns following its strong performance. Analyst Chris Hallam remains generally optimistic about European banks in his industry commentary on Tuesday evening. On average, the upside to his updated targets is approximately ten percent. However, the shares of Deutsche Bank and Commerzbank, which has been downgraded to "Sell," have already significantly outperformed not only the overall market but also the industry./ag/ajx

  Publication of the original study: August 26, 2025 / 9:23 PM / BST

  First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• August 13, 2025

  RBC raises target for Deutsche Bank to 34 euros - 'Outperform'

  NEW YORK (dpa-AFX Analyst) - Canadian bank RBC raised its price target for Deutsche Bank from €29 to €34 and maintained its rating at "Outperform." Thanks to higher earnings estimates, share prices of European banks have further upside potential, wrote Anke Reingen in a sector analysis published Thursday. However, geopolitical and macroeconomic uncertainties remain, making the sector somewhat vulnerable to negative news given the recent strong share price performance. Deutsche Bank is one of the financial institutions for which the expert is particularly optimistic.

  Publication of the original study: August 13, 2025 / 5:31 p.m. / EDT

  First distribution of the original study: August 14, 2025 / 12:45 a.m. / EDT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• July 27, 2025

  RBC raises target for Deutsche Bank to 29 euros - 'Outperform'

  NEW YORK (dpa-AFX Analyst) - Canadian bank RBC raised its price target for Deutsche Bank from €25 to €29 and rated the German lender's shares "outperform." Analyst Anke Reingen raised her long-term earnings forecasts, also in light of good cost control, as she wrote in a review of the latest quarterly results released Monday. It abandoned its previous "speculative risk" rating in light of improved earnings predictability./ajx/zb

  Publication of the original study: July 27, 2025 / 5:46 PM / EDT

  First distribution of the original study: July 28, 2025 / 12:45 AM / EDT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• July 24, 2025

  UBS maintains Deutsche Bank 'Buy' - target 25 euros

  ZURICH (dpa-AFX Analyst) - Swiss major bank UBS has maintained its "Buy" rating on Deutsche Bank following its quarterly results, with a price target of €25. Pre-tax profit and revenues were 18 percent and 2 percent, respectively, above consensus estimates, Mate Nemes wrote in an initial reaction on Thursday. Costs, provisions, and the Common Equity Tier 1 (CET1) capital ratio also surprised positively./rob/gl/ajx

  Publication of the original study: July 24, 2025 / 6:27 a.m. / GMT. First distribution of the original study: July 24, 2025 / Time not specified in study / Time zone not specified in study

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• July 24, 2025

  RBC maintains Deutsche Bank at 'Outperform' - Target 25 euros

  NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has maintained its "Outperform" rating on Deutsche Bank following its quarterly results, with a price target of €25. These results were mixed but overall exceeded expectations, wrote Anke Reingen in her response released Thursday. The Frankfurt-based bank also reported a strong start to the current quarter and confirmed its outlook./rob/g/la

  Publication of the original study: July 24, 2025 / 1:54 a.m. / EDT First distribution of the original study: July 24, 2025 / 1:54 a.m. / EDT

  Note: Information on the disclosure obligation regarding conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• July 7, 2025

  UBS maintains Deutsche Bank 'Buy' - target 25 euros

  ZURICH (dpa-AFX Analyst) - Swiss major bank UBS has maintained its "Buy" rating for Deutsche Bank with a price target of €25. Despite initial concerns, the investment bank likely recorded a solid quarter, Mate Nemes wrote on Monday in his industry outlook on the second-quarter results. Despite the ongoing uncertainty regarding tariffs and geopolitics, the operating environment should have enabled solid earnings./edh/ag

  Publication of the original study: July 7, 2025 / 1:40 PM / GMT

  First distribution of the original study: July 7, 2025 / 1:40 PM / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• July 2, 2025

  RBC maintains Deutsche Bank at 'Outperform' - Target 25 euros

  NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has maintained its "outperform" rating on Deutsche Bank shares ahead of the investment banking reporting season, with a price target of €25. While investment banking fees were very low at the beginning of the second quarter, Anke Reingen wrote in an industry study released Thursday, it is encouraging, however, that activity in this area has picked up again as market volatility has decreased. Overall, there are many potential macroeconomic and geopolitical drivers that could shift the capital market environment between higher volatility/higher trading revenues and lower volatility/higher investment banking fees.

  Publication of the original study: July 2, 2025 / 6:14 PM / EDT

  First distribution of the original study: July 3, 2025 / 12:45 AM / EDT

  Note: Information on the disclosure obligation for conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• June 4, 2025

  RBC maintains Deutsche Bank at 'Outperform' - Target 25 euros

  NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has maintained its rating for Deutsche Bank at "outperform" with a price target of €25. In the current economic environment since the beginning of the year, there has been a strong divergence between the development of revenues generated in the trading business and earnings in traditional investment banking, including advisory services for IPOs, capital market issues, and acquisitions, Anke Reingen wrote in an industry study released Thursday. The stock market fluctuations that occurred in April triggered this. Volatility has currently eased, but is still at a high level./tih/zb

  Publication of the original study: June 4, 2025 / 5:56 PM / EDT

  First distribution of the original study: June 5, 2025 / 12:45 AM / EDT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• April 30, 2025

  UBS raises target for Deutsche Bank to 25 euros - 'Buy'

  ZURICH (dpa-AFX Analyst) - Swiss bank UBS has raised its price target for Deutsche Bank from €23 to €25 and maintained its "Buy" rating. The first quarter was a solid start to the year, analyst Mate Nemes wrote on Wednesday evening after the results. However, the second quarter will be a test for the Frankfurt-based bank's earnings diversification. Overall, however, Nemes sees the bank well on track toward its return on investment (ROTE) target of 10 percent./ag/zb

  Publication of the original study: April 30, 2025 / 8:45 PM / GMT

  First distribution of the original study: April 30, 2025 / 8:45 PM / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• April 29, 2025

  RBC raises target for Deutsche Bank to 25 euros - 'Outperform'

  NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has raised its price target for Deutsche Bank from €23 to €25 and maintained its rating at "outperform." While the outlook is uncertain, the outlook currently appears better than in the most recent revision of its estimates, analyst Anke Reingen wrote in a study published Tuesday. Therefore, she has now raised her price target. Their positive investment approach to the shares remains intact./tih/he

  Publication of the original study: April 29, 2025 / 1:49 PM / EDT

  First distribution of the original study: April 29, 2025 / 1:49 PM / EDT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• April 29, 2025

  UBS maintains Deutsche Bank 'Buy' - target 23 euros

  ZURICH (dpa-AFX Analyst) - Swiss major bank UBS has maintained a "buy" rating on Deutsche Bank following its quarterly results, with a price target of €23. The slightly better-than-expected earnings and lower adjusted costs would be partially offset by higher provisions, analyst Mate Nemes wrote in an initial reaction on Tuesday.

  Publication of the original study: April 29, 2025 / 6:22 a.m. / GMT First distribution of the original study: April 29, 2025 / 6:22 a.m. / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• April 11, 2025

  UBS raises target for Deutsche Bank to 23 euros - 'Buy'

  ZURICH (dpa-AFX Analyst) - Swiss bank UBS has raised its price target for Deutsche Bank from €20 to €23 and maintained its "Buy" rating. Following the stock's sell-off following news of US tariff policy, the stock is too cheap to ignore, analyst Mate Nemes wrote in an assessment published Monday. It offers a good opportunity to benefit from the effects of the German fiscal stimulus package. In addition, the bank has demonstrated a clear path to increasing profitability in the coming years./gl/ag

  Publication of the original study: April 11, 2025 / 4:05 p.m. / GMT First distribution of the original study: April 11, 2025 / 4:05 p.m. / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• April 7, 2025

  RBC lowers target for Deutsche Bank to 23 euros - 'Outperform'

  NEW YORK (dpa-AFX Analyst) - Canadian bank RBC lowered its price target for Deutsche Bank from €26 to €23, but maintained the rating at "outperform." Several "moving factors," such as lower assets under management, lower wealth creation, and losses on loans, argue for lower price targets for Deutsche Bank and UBS, wrote analyst Anke Reingen in a sector report released Tuesday. However, the strong fluctuations in the financial markets are likely to drive business, and consensus estimates are likely to rise./bek/zb

  Publication of the original study: April 7, 2025 / 5:57 PM / EDT

  First distribution of the original study: April 8, 2025 / 12:45 AM / EDT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• April 7, 2025

  UBS maintains Deutsche Bank 'Buy' - target 20 euros

  ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its "Buy" rating for Deutsche Bank with a price target of €20. In light of the shock following the US tariff announcements, analyst Jason Napier wrote that it makes sense to keep things simple at this early stage. In his study published on Monday, he wrote: No matter how calculated and negotiable the tariffs are, they still represent a negative growth shock for the gross domestic product of all markets, which, all other things being equal, will lead to lower short-term interest rates./ck/la

  Publication of the original study: April 7, 2025 / 00:38 / GMT First distribution of the original study: April 7, 2025 / 00:38 / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• March 23, 2025

  RBC raises target for Deutsche Bank to 26 euros - 'Outperform'

  NEW YORK (dpa-AFX Analyst) - Canadian bank RBC raised its price target for Deutsche Bank from €22 to €26 and maintained its rating at "outperform." The approved German fiscal stimulus package has provided a "double boost" for the bank through higher growth estimates for the German economy and a steeper yield curve, analyst Anke Reingen wrote in her assessment published Monday. Medium-term risks remain, as earnings estimates are not rising as fast as share prices, and political and trade uncertainties persist. In the longer term, however, Deutsche Bank shares have further upside potential.

  Publication of the original study: March 23, 2025 / 6:05 p.m. / EDT. First distribution of the original study: March 24, 2025 / 12:45 a.m. / EDT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• March 13, 2025

  RBC maintains Deutsche Bank at 'Outperform' - Target 22 euros

  NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has maintained its rating for Deutsche Bank at "outperform" with a price target of €22. There are many details in the 2024 annual report, but some are particularly interesting, analyst Anke Reingen wrote on Thursday. There are apparently ambitions for a higher return on equity in the long term./tih/ag

  Publication of the original study: March 13, 2025 / 5:19 a.m. / EDT

  First distribution of the original study: March 13, 2025 / 5:19 a.m. / EDT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• January 30, 2025

  JPMorgan raises target for Deutsche Bank to 22 euros - 'Overweight'

  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan raised its price target for Deutsche Bank from €21 to €22 and maintained its rating at "Overweight." Analyst Kian Abouhossein adjusted his valuation model on Thursday evening to reflect the quarterly figures. The higher price target results from the improved capital ratio, he wrote./ag/edh

  Publication of the original study: January 30, 2025 / 7:30 p.m. / GMT

  First distribution of the original study: January 31, 2025 / 12:15 a.m. / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• January 30, 2025

  UBS maintains Deutsche Bank 'Buy' - target 20 euros

  ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its "Buy" rating for Deutsche Bank with a price target of €20. Earnings slightly above expectations were offset by higher one-off costs, analyst Mate Nemes wrote on Thursday following the quarterly results. He expects a rather muted price reaction following the recent above-average share performance./ag/ajx

  Publication of the original study: January 30, 2025 / 07:16 / GMT

  First distribution of the original study: January 30, 2025 / 07:16 / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• January 30, 2025

  JPMorgan leaves Deutsche Bank at 'Overweight' - 'Mixed'

  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Deutsche Bank at "Overweight" with a price target of €21. Analyst Kian Abouhossein wrote on Thursday that the quarterly report was mixed. He considers the revision of the forecast for the cost-income ratio particularly disappointing./ag/ajx

  Publication of the original study: January 30, 2025 / 7:31 a.m. / GMT

  First distribution of the original study: January 30, 2025 / / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• January 10, 2025

  JPMorgan maintains Deutsche Bank at 'Overweight' - target 21 euros

  NEW YORK (dpa-AFX Analyst) - The US bank JPMorgan has maintained its rating for Deutsche Bank at "Overweight" with a price target of 21 euros. Analyst Kian Abouhossein expects global investment banks to post strong 2024 results. Looking ahead to 2025, he prefers European investment banks to those in the US, as he wrote in an industry study released on Monday./ck/bek

  Publication of the original study: January 10, 2025 / 7:30 p.m. / GMT

  First distribution of the original study: January 13, 2025 / 12:15 a.m. / GMT

  Note: Information on the disclosure obligation for conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• December 12, 2024

  Barclays maintains Deutsche Bank at 'Overweight' - target 22 euros

  LONDON (dpa-AFX Analyst) - British investment bank Barclays has maintained its rating for Deutsche Bank at "Overweight" with a price target of €22. The outlook for European banks remains attractive, wrote analyst Paola Sabbione in her 2025 outlook published Friday. While she slightly cut her earnings forecasts for the next two years, she remains just above consensus for 2026. Her favorites are Lloyds, BNP Paribas, Julius Baer, Deutsche Bank, and the newly recommended KBC. She advises against investing in SEB, Bankinter, and Caixa./ag/mis

  Publication of the original study: December 12, 2024 / 9:45 PM / GMT

  First distribution of the original study: December 13, 2024 / 4:00 AM / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• December 5, 2024

  JPMorgan raises target for Deutsche Bank - an industry favorite

  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan recommends a selective approach in the banking sector for 2025. In his outlook published Friday, analyst Kian Abouhossein favors shares of financial institutions that are less dependent on interest income. His favorites are Deutsche Bank <DE0005140008>, UBS <CH0244767585>, Barclays <GB0031348658>, Intesa Sanpaolo, and Natwest. He raised his price target for Deutsche Bank shares from €20 to €21 and maintained an "overweight" rating. In doing so, it shifted its valuation basis further into the future and now uses its new estimates for 2027./ag/gl

  Publication of the original study: December 5, 2024 / 9:19 PM / GMT. First distribution of the original study: December 6, 2024 / 12:20 AM / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• November 26, 2024

  RBC maintains Deutsche Bank at 'Outperform' - target 20 euros

  NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has maintained its rating for Deutsche Bank at "outperform" with a price target of €20. Growing economic uncertainty is currently overshadowing the fundamentals of major European banks, analyst Anke Reingen wrote in an industry report released Wednesday. Within the sector, she prefers banks with a lower dependence on net interest income, a stronger focus on the US, and tighter cost management. Their preferred sector stocks are Barclays, UBS, Julius Baer, Deutsche Bank, BNP, and the OSB Group./edh/zb

  Publication of the original study: November 26, 2024 / 5:42 PM / EST

  First distribution of the original study: November 27, 2024 / 12:45 AM / EST

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• October 23, 2024

  JPMorgan maintains Deutsche Bank at 'Overweight' - target 20 euros

  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Deutsche Bank at "Overweight" with a price target of €20. In response to the third-quarter results, analyst Kian Abouhossein left his earnings forecasts (adjusted EPS) for 2024 to 2026 largely unchanged, wrote analyst Kian Abouhossein in a report released Thursday. He sees further upside potential for the stock and considers it a "top pick" among global investment bank stocks./edh/mis

  Publication of the original study: October 23, 2024 / 7:12 PM / BST

  First distribution of the original study: October 24, 2024 / 12:15 AM / BST

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• October 23, 2024

  RBC maintains Deutsche Bank at 'Outperform' - target 20 euros

  NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has maintained its rating for Deutsche Bank at "outperform" following its quarterly results, with a price target of €20. With the third-quarter results, the bank is well on track to achieve its annual targets, wrote analyst Anke Reingen in an initial reaction released Wednesday. While the increase in loan loss provisions is disappointing, it is not entirely unexpected and likely reflects the weak environment rather than the company itself./edh/zb

  Publication of the original study: October 23, 2024 / 2:21 a.m. / EDT

  First distribution of the original study: October 23, 2024 / 2:21 a.m. / EDT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• October 23, 2024

  JPMorgan maintains Deutsche Bank at 'Overweight' - target 20 euros

  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Deutsche Bank at "Overweight" with a price target of €20 following its quarterly results. The bank's figures were solid overall, wrote analyst Kian Abouhossein in an initial reaction released Wednesday. However, the corporate and private client business is increasingly being burdened by the difficult economic environment in Germany./edh/mis

  Publication of the original study: October 23, 2024 / 7:15 a.m. / BST

  First distribution of the original study: October 23, 2024 / 7:16 a.m. / BST

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• September 18, 2024

  Barclays maintains Deutsche Bank at 'Overweight' - target 22 euros

  LONDON (dpa-AFX Analyst) - British investment bank Barclays has maintained its rating for Deutsche Bank at "Overweight" with a price target of €22. Analyst Paola Sabbione addressed the topic of sustainability in the banking sector in an industry report published Thursday, noting that more steps are needed. Among the banks it generally rated positively, it highlighted the shares of Deutsche Bank, ING, BNP Paribas, Caixa, DNB, Intesa Sanpaolo, and Nordea from the perspective of sustainability criteria (ESG)./tih/bek

  Publication of the original study: September 18, 2024 / 6:34 p.m. / GMT

  First distribution of the original study: September 19, 2024 / 3:00 a.m. / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• September 6, 2024

  JPMorgan raises target for Deutsche Bank to 20 euros - 'Overweight'

  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan raised its price target for Deutsche Bank from €19 to €20 and maintained its rating at "Overweight." Analyst Kian Abouhossein adjusted his valuation models for the Swiss and German banks in an industry outlook released Monday to reflect the expected earnings improvements in the bond, currency, and commodity businesses for 2025. Increased uncertainty about future interest rate developments is leading to increased volatility, resulting in higher client activity in the interest rate and currency business. He slightly raised his estimates for Deutsche Bank's adjusted earnings per share. The higher earnings would be partially offset by lower investment banking fees./gl/ag

  Publication of the original study: September 6, 2024 / 10:32 PM / BST First distribution of the original study: September 9, 2024 / 12:05 AM / BST

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• September 2, 2024

  Barclays upgrades Deutsche Bank to 'Overweight' - target raised

  LONDON (dpa-AFX Analyst) - British investment bank Barclays has upgraded Deutsche Bank's share price from "Equal Weight" to "Overweight" and raised its price target from €14 to €22. Analyst Flora Bocahut justified the upgrade with the combination of supportive fundamentals, significant upside potential for market earnings estimates, high capital distributions, and the potential for a rising valuation. In light of the upcoming interest rate cuts, Deutsche Bank offers an attractive business mix, it wrote in a study released on Monday./ajx/jha/

  Publication of the original study: September 2, 2024 / 2:04 PM / GMT. First distribution of the original study: September 2, 2024 / 2:45 PM / GMT.

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.