08:15 AM EDT, 04/30/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We raise our opinion on Deutsche Bank ( DB ) to Hold as we see improving fundamental outlook for the company. We raise our 12-month target price for DBK to USD29 (from USD17), reflecting a P/B of 0.74x, with the discount to peer average P/B of 1.0x justified by DBK's weaker ROE profile. We believe the recent changes to the German government's spending policy from its traditionally conservative fiscal approach to one that promotes growth has improved the outlook for DBK given its ~45% revenue exposure from Germany. While this positive development has allayed our previous concerns, we are still wary of DBK's earnings metrics that, although improving, still lag peers. That said, we think DBK has a favorable revenue mix into rate cuts, with roughly 40% of its revenue coming from net interest income (vs. peer average of ~60%). Management has also demonstrated progress on strategic priorities. We raise our EPS forecasts to EUR2.70 (from EUR2.45) for 2025 and EUR3.10 (from EUR2.70) for 2026.