Jefferies Analyst Maintains Hold Rating on Deutsche Bank

Summary

Jefferies analyst Joseph Dickerson maintained a Hold rating on Deutsche Bank AG with a price target of €33.00. Dickerson, a 5-star analyst, has a 16.3% average return and a 62.24% success rate. Deutsche Bank also received a Hold from Goldman Sachs, while RBC Capital maintained a Buy rating Tip Ranks.

Impact Analysis

So Jefferies is sticking with a Hold on Deutsche Bank, which is interesting given the mixed ratings from other analysts Tip Ranks. This Hold rating, especially with a price target of €33.00, suggests they’re seeing limited upside in the current market environment. It’s a cautious stance, likely reflecting concerns about macroeconomic conditions or internal challenges at Deutsche Bank.

The timing is notable—right after Deutsche Bank’s earnings beat expectations, yet Jefferies isn’t swayed to upgrade Market Beat. This could indicate skepticism about sustainability or broader sector pressures. For portfolio strategy, this suggests maintaining a balanced approach with financials, perhaps favoring those with stronger buy ratings like RBC’s €39.00 target Tip Ranks. Watch for any shifts in sentiment or macro indicators that could prompt a reevaluation of Deutsche Bank’s prospects.