UBS AG has given Deutsche Bank shares a "Buy" rating and set a target price of €18.80. According to analyst Mate Nemes, the high provisions have overshadowed progress in other areas, with the cost of risk significantly exceeding the annual target.
Deutsche Bank has adjusted its forecast for this key figure for 2024. On the day of the analysis, Deutsche Bank shares fell 1.8% to €16.01, indicating a growth potential of 17.4% relative to the target price. The trading volume increased to 8,180,448 shares. Since the beginning of 2024, the share price has increased by 33.3%.
The bank is expected to release its Q3 2024 earnings and sales figures on October 23, 2024.