The detailed analysis of the Deutsche Bank paper was carried out by UBS AG analyst Mate Nemes.
The major Swiss bank UBS has raised the price target for Deutsche Bank from 16.10 to 16.40 euros and left the rating at “Buy”. Support comes from the planned capital allocation, wrote analyst Mate Nemes in a study available on Tuesday. However, cost control remains crucial. The expert raised its estimates for adjusted earnings per share.
Current stock recommendation: The Deutsche Bank share is the focus of analysis and evaluation
At 5:37 p.m. in XETRA trading, Deutsche Bank shares were hardly unchanged from the previous day. There was a rate of EUR 11.88 on the board. So the share still has room for growth of 38.09 percent, measured against the specified price target. The number of Deutsche Bank shares traded to date is 6,408,553. The share price fell by 3.9 percent for 2024. The quarterly balance sheet for Q1 2024 is expected on April 25, 2024.
ZURICH (dpa-AFX Analyzer) / editorial team finanzen.net
Publication of the original study: February 13, 2024 / 7:00 p.m. / GMT First distribution of the original study: February 13, 2024 / 7:00 p.m. / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 Para. 1 WpHG, Art. 20 Regulation (EU) 596/2014 for the analyst firm mentioned can be found at http://web.dpa-afx.de/offenstellenpflicht/ disclosure_duty.html.
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