Analysts Bullish on American Express and Deutsche Bank

Analysts are expressing optimism about two major financial companies, American Express and Deutsche Bank AG, with bullish recommendations. Mihir Bhatia from Bank of America Securities maintained a Buy rating on American Express (AXP), with shares closing at $303.27 last Monday. Bhatia, a 4-star analyst with a 7.7% average return and a 59.3% success rate, covers financial stocks like Bread Financial Holdings and Capital One Financial.

The consensus among analysts for American Express is a Moderate Buy, with a price target of $372.95, suggesting a 23.3% upside from current levels. TipRanks also upgraded the stock to Buy with a $332.00 price target on September 25.

Meanwhile, Anke Reingen from RBC Capital maintained a Buy rating on Deutsche Bank AG (DB), setting a price target of EUR36.00. The stock closed at $35.10 last Monday. Reingen has a strong track record, with an average return of 16.5% when recommending Deutsche Bank AG. Overall, the street consensus for Deutsche Bank AG is a Strong Buy, with an average price target of $42.95.