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RBC Ups Price Target, Forecasts for Deutsche Bank on 'Good' Q2 Revenue Growth
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06:34 AM EDT, 07/30/2026 (MT Newswires) -- RBC Capital Markets increased its price target and earnings estimates for Deutsche Bank (DBK.F), highlighting the banking giant's "good" revenue growth trajectory in the second quarter. "Revenue momentum positively surprised in Q2 with better trends in the Corporate Bank encouraging, even if early days, given the shortfall of our estimates to targets," analysts said Wednesday. Deutsche Bank's net revenue for the three months ended June 30 rose 9% year over year to 8.48 billion euros. Accordingly, the research firm marginally lifted the outperform-rated stock's price target to 36 euros from 35 euros. Analysts also made minor revenue forecast upgrades across the bank's divisions with "little impact" on cost assumptions. Additionally, RBC noted Deutsche Bank's newly announced 500 million-euro share repurchase program aligned with its expectations.
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