Deutsche Bank reported a significant climb in profits attributable to shareholders for the first quarter of 2026.
Kepler Cheuvreux lowered its price target for the shares from €34 to €29.50 on May 5, 2026. The firm maintained its 'Hold' rating despite the strong earnings report.
Analysts identified higher provisions for credit losses as a primary headwind. Unfavorable currency effects also weighed on the bank's valuation.
The stock remains under pressure as investors weigh record profits against persistent economic risks.