Deutsche Bank CEO Dismisses Analyst Report on European Investors Selling US Assets
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2d ago
0mins
Source: seekingalpha
- CEO Statement: Deutsche Bank CEO Christian Sewing personally called to refute an analyst's report suggesting European investors might sell US assets, highlighting the bank's heightened sensitivity to market perceptions.
- Analyst Report Controversy: The report by George Saravelos, Global Head of FX Research, indicated that Europe could reduce its $8 trillion holdings in US assets due to threats from the Trump administration, reflecting concerns over US fiscal policies.
- Market Reaction: Danish pension fund AkademikerPension, managing around $25 billion, announced plans to exit US Treasuries by the end of the month, indicating that some European institutions are already reducing dollar exposure, which could increase market uncertainty.
- Independent Research Statement: A Deutsche Bank spokesperson emphasized that the views expressed by the research department do not necessarily reflect management's stance, indicating the bank's cautious approach in the face of external pressures, which may impact its reputation and operations in the US market.
Analyst Views on DB
Wall Street analysts forecast DB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DB is 41.98 USD with a low forecast of 35.44 USD and a high forecast of 46.63 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
7 Buy
4 Hold
0 Sell
Moderate Buy
Current: 39.140
Low
35.44
Averages
41.98
High
46.63
Current: 39.140
Low
35.44
Averages
41.98
High
46.63
About DB
Deutsche Bank Aktiengesellschaft is a bank and holding company for its subsidiaries. The Company offers a range of services such as investment, financial and related products and services to private individuals, corporate entities, and institutional clients. It operates through four business divisions: Corporate Bank, Investment Bank, Private Bank and Asset Management. The Corporate Bank division serves corporate clients and financial institutions, offering cash management, trade finance, lending, foreign exchange, trust and agency services, correspondent banking, and securities services. The Investment Bank division includes Fixed Income & Currencies (FIC) Sales & Trading, Origination & Advisory, and Deutsche Bank Research. The Private Bank division focuses on personal and private clients, wealthy individuals, entrepreneurs and families. The Asset Management division operates under the brand DWS, and it serves a diverse client base of retail and institutional investors worldwide.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
