JPMorgan Affirms Buy Rating on Deutsche Bank (DB), Sets €35 Target

Deutsche Bank Aktiengesellschaft (NYSE:DB) is one of the best European bank stocks to buy now. On October 31, JPMorgan’s Kian Abouhossein kept the firm’s Buy rating on the Deutsche Bank Aktiengesellschaft (NYSE:DB) stock. The analyst also set a €35 price target on the bank’s shares.

JPMorgan Affirms Buy Rating on Deutsche Bank (DB), Sets €35 Target

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The rating decision came after Deutsche Bank published its Q3 2025 results, on October 29. Quarterly revenue exceeded analysts’ expectations, reaching €8.04 billion against the anticipated €7.8 billion. EPS also delivered a sweet surprise – it came in at €0.86, 21.62% above the forecast. Nine-month revenue reached €24.4 billion, which the bank said supports its full-year goal of €32 billion. Pre-provision profit rose by nearly 50% year-on-year to €9 billion, and net commission and fee income increased 5% year-on-year.

Meanwhile, on November 10, Deutsche Bank appointed Ilya Korobov as Director of Debt Capital Markets (DCM) for Central and Eastern Europe, the Middle East, and Africa (CEEMEA). Korobov is a former Barclays executive who worked in the bank’s London office as an advisor. According to Abdeslam Alaoui, Head of CEEMEA Capital Markets at Deutsche Bank, this appointment is part of the lender’s broader expansion of its investment banking team in CEEMEA, especially in the debt capital markets segment. This follows a wave of sovereign, corporate, and capital debt deals across the region.

Deutsche Bank Aktiengesellschaft (NYSE:DB) is Germany’s largest bank and one of Europe’s leading universal banking institutions. It operates across retail banking, corporate banking, investment banking, and asset management, serving clients worldwide.

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Disclosure: None. This article is originally published at Insider Monkey.