J.P. Morgan keeps Buy on Deutsche Bank stock at EUR 41.00

Published on 10/07/2026 at 10:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

J.P. Morgan's note gives Buy and EUR 41.00 on October 6, 2026. Deutsche Bank stock costs EUR 30.78 on October 7, 2026 versus EUR 31.24.

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Deutsche Bank (ISIN DE0005140008) was trading at EUR 30.78 at Lang & Schwarz on October 7, 2026 at 10:01 a.m. CEST, down 1.47 percent versus the prior close of EUR 31.24. According to Markets Insider on October 6, 2026, J.P. Morgan maintained a Buy rating and a EUR 41.00 price target.

J.P. Morgan sees further value

The target is EUR 10.22 above the Lang & Schwarz price, equal to 33.20 percent upside when both values are expressed in euros. The same Markets Insider report says RBC Capital maintained a Buy rating with a EUR 36.00 target, placing a second reference point EUR 5.22 above the current euro quote.

Second-quarter profit sets the base

According to Nadiralpha, Deutsche Bank reported EUR 8.479 billion of net revenues in the second quarter of 2026, up 9.00 percent from the second quarter of 2025. Net income attributable to shareholders reached EUR 1.640 billion, while diluted earnings per share came to EUR 0.57 in the same quarter.

The figures give the analyst targets a measurable operating backdrop, but they also show why the next report matters. Deutsche Bank's first-half 2026 net revenues totaled EUR 17.2 billion, and the bank's cost discipline remains central to the investment case.

AT1 issue and October results

Deutsche Bank announced on September 21, 2026, that it intended to issue Additional Tier 1 capital instruments of benchmark size. The securities are intended to support the leverage ratio and Tier 1 and total capital solvency ratios.

The investor-relations calendar lists October 28, 2026, for the earnings report covering the period ended September 30, 2026, followed by a fixed-income investor conference call on October 29, 2026. That report will test whether the second-quarter revenue growth and profit trajectory continued into the third quarter.

Stock trades below analyst targets

Deutsche Bank's market capitalization stood at EUR 58.0 billion on October 7, 2026. Its 52-week range was EUR 23.82 to EUR 35.85, placing the Lang & Schwarz quote EUR 5.07 below the high, or 14.15 percent beneath it.

The stock was trading at EUR 30.78 at Lang & Schwarz on October 7, 2026 at 10:01 a.m. CEST, down 1.47 percent versus the prior close of EUR 31.24. The further course of trading is shown by the continuously updated real-time quote of Deutsche Bank stock.