5 Best European Bank Stocks to Invest In

1. Deutsche Bank AG (NYSE:DB)

Number of Hedge Fund Holders: 14

Deutsche Bank AG (NYSE:DB) is a German multinational investment bank and financial services company headquartered in Frankfurt, Germany. It is one of the world’s largest global financial services companies and is active in a number of areas, including investment banking, asset management, and private banking. Deutsche Bank AG (NYSE:DB) is also a major player in the global foreign exchange, derivatives, and commodities markets. Deutsche Bank AG (NYSE:DB) has a long history of providing financial services to governments, businesses, and individuals across the world. The company has a presence in more than 70 countries and employs over 65,000 people.

Deutsche Bank AG (NYSE:DB) is profitable, undervalued, and pays dividends to shareholders. According to the company’s balance sheet, Deutsche Bank AG (NYSE:DB) has a trailing twelve-month operating margin of 25.72% and an ROE of 5.86%. As of December 1, the stock is trading at a PE multiple of 6.57 and is offering shareholders a forward dividend yield of 2.03%. Deutsche Bank AG (NYSE:DB) is one of the best European bank stocks to buy now.

This November, RBC Capital analyst Anke Reingen upgraded Deutsche Bank AG (NYSE:DB) to Outperform from Sector Perform and raised his price target to EUR 14 from EUR 11.50.

At the end of Q3 2022, 14 hedge funds held stakes in Deutsche Bank AG (NYSE:DB). The total value of these positions amounted to $766.7 million. As of September 30, Hudson Executive Capital is the most prominent shareholder in the company and has a position worth $505 million.

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