NEW YORK (dpa-AFX Broker) - The US investment bank Goldman Sachs has raised its target price for Deutsche Bank from 19.50 to 21.10 euros and left its rating at "Buy". Valuations in the European banking sector generally remain undemanding and the outlook supports a constructive stance, wrote analyst Chris Hallam in an industry report published on Friday. In the coming quarters, the focus should be on robust earnings development in an environment of low interest rates as well as on the sustainability of investment income. Looking at individual stocks, Hallam sees BNP, Santander, Deutsche Bank, Intesa, KBC, UBS and Unicredit in particular in a positive light./ajx/la

Publication of the original study: 11.04.2024 / 21:19 / BST First dissemination of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

-----------------------

dpa-AFX Broker - the Trader News from dpa-AFX

-----------------------