Goldman Downgrades Deutsche Bank to Neutral and Commerzbank to Sell
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 26 2025
0mins
Should l Buy DB?
Source: SeekingAlpha
Goldman Sachs Downgrade: Goldman Sachs downgraded Deutsche Bank to Neutral from Buy and Commerzbank to Sell from Neutral due to changes in valuation after their stocks outperformed this year.
European Banks Performance: The European banks sector has rallied nearly 50% year-to-date, significantly outperforming broader European equities, driven by better growth and a favorable rates backdrop.
Analyst Outlook: Analyst Chris Hallam remains positive on European banks, projecting an average upside of ~10% for Goldman's updated 12-month price targets and ~20% for several Buy-rated banks.
Contrasting Ratings: Goldman's Neutral rating on Deutsche Bank contrasts with other ratings, including Strong Buy from SA Quant and average Wall Street ratings, which reflect differing perspectives on the bank's performance.
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Analyst Views on DB
Wall Street analysts forecast DB stock price to rise
13 Analyst Rating
7 Buy
5 Hold
1 Sell
Moderate Buy
Current: 30.480
Low
36.55
Averages
43.20
High
47.63
Current: 30.480
Low
36.55
Averages
43.20
High
47.63
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.
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- Issue Date and Value Date: The value date for the bonds is set for April 7, 2026, with the interest period commencing on May 1, 2026, ensuring timely liquidity to meet market demands.
- Market Impact: The issuance of such bonds not only provides necessary funding support for Leeds Building Society but may also attract more investor attention to its future financing activities, thereby enhancing its market position.
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