Analysts Bullish on American Express and Deutsche Bank

Analysts from Bank of America Securities and RBC Capital recently shared bullish outlooks on financial giants American Express (AXP) and Deutsche Bank AG (DB). Mihir Bhatia of Bank of America Securities maintained a Buy rating on American Express, which closed last Monday at $303.27. Bhatia is a 4-star analyst with a 7.7% average return and a 59.3% success rate, focusing on financial stocks like Bread Financial Holdings and Capital One Financial.

American Express has a Moderate Buy consensus among analysts, 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 in a report issued on September 25.

Anke Reingen from RBC Capital maintained a Buy rating on Deutsche Bank AG, setting a price target of EUR36.00. Deutsche Bank’s shares closed last Monday at $35.10. Reingen has a strong track record, with a 16.5% average return when recommending Deutsche Bank AG. She is ranked #136 out of 12,514 analysts on TipRanks.

The broader analyst consensus for Deutsche Bank AG is a Strong Buy, with an average price target of $42.95. Both reports highlight positive sentiments in the financial sector, with potential upside for investors in these major financial institutions.