Deutsche Bank has raised its target price for Alpha Bank to €3.35 from €3, maintaining a “buy” recommendation. The German multinational investment bank stresses the Greek systemic bank’s robust performance in Q1 2025, suggesting solid fundamentals and a positive outlook. The Greek bank, the German bank notes, is outperforming its competitors primarily due to its […]
The German bank highlights Greek banks are in the position to manage a possible cut in interest rates by the European Central Bank
DB attributes the robust performance to multiple factors, including significantly improved profitability and resilience, as well as enhanced market liquidity following the allocation of shares of the Hellenic Financial Stability Fund (HFSF).
Despite its reserved optimism for Greece, Deutsche Bank expresses hesitancy about the Eurozone as a whole, suggesting it may experience mild recession