Deutsche Bank shares in demand: JPMorgan study boosts bank stocks

Deutsche Bank papers were clearly ahead of the game in the European banking sector and the DAX on Thursday morning.

With a price increase of a good 3 percent, they reached a new high since March at 11.618 euros. Most recently it went up by 1.93 percent to 11.49 euros.

The well-known banking analyst Kian Abouhossein from JPMorgan included the Frankfurt shares in his favorite portfolio in his European industry outlook for 2024. They now stand there alongside the new UBS, BBVA and Natwest as well as the ING Group and Intesa.

Expert Abouhossein sees Deutsche Bank shares as comparatively somewhat riskier but also more promising and is counting on increasing returns in investment banking. Natwest and UBS also rose significantly. The latter are now also included in JPMorgan’s “Analyst Focus List” as top cross-industry stocks.



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