Deutsche Bank (DB) Gets Initiated With a Buy at BofA

Deutsche Bank Aktiengesellschaft (NYSE:DB) is one of the 10 Undervalued European Stocks to Invest in Now. Bank of America Securities analyst Tarik El Mejjad initiated coverage of Deutsche Bank Aktiengesellschaft (NYSE:DB) with a buy rating on June 10, setting a EUR 29 price target. The analyst expects the company to deliver notable progress by 2025, marking a significant shift from its long-standing restructuring initiatives.

Deutsche Bank Aktiengesellschaft (NYSE: DB) also announced a strategic partnership with Ant International on June 5, aiming to provide expanded payment solutions to businesses of all sizes in Europe and Asia. The partnership aims to combine the expertise of the two companies, leveraging Ant International’s proprietary tokenization and AI-based FX technology and bringing a positive light to its operations.

Deutsche Bank Aktiengesellschaft (NYSE: DB) is a stock corporation company that provides investment services, corporate banking, private banking, and asset management. It operates through the Private Bank, Corporate Bank, Investment Bank, and Asset Management segments. Deutsche Bank Aktiengesellschaft (NYSE: DB) takes the seventh spot on our list of the top undervalued European stocks to invest in, with its headquarters located in Frankfurt, Germany.

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