5 Best European Bank Stocks to Buy According to Hedge Funds

​3. Deutsche Bank Aktiengesellschaft (NYSE:DB)

Number of Hedge Fund Holders: 24

Deutsche Bank Aktiengesellschaft (NYSE:DB) is one of the Best European Bank Stocks to Buy According to Hedge Funds. On May 11, Tarik El Mejjad from Bank of America Securities reiterated a Buy rating on Deutsche Bank Aktiengesellschaft (NYSE:DB), with a price target of €38.

​The analyst noted that they see improving underlying performance for the bank despite the recent weakness in the share price. The analyst highlighted that recent market volatility and one-off events have overshadowed strong trends in the core business. El Mejjad pointed towards accelerating growth in loans and a notable reduction in the normalized cost of risk.

​That said, the company during its fiscal first quarter of 2026 reported record net profit of 1.912 billion euros. This comes despite the company setting aside 90 million euros for the impact of the Iran war and depressed revenue at its global investment bank due to a weaker dollar.

​Deutsche Bank Aktiengesellschaft (NYSE:DB) was also recently included in our list of the 10 Best Global Stocks to Buy According to Wall Street Analysts.

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