Kuehne & Nagel price target raised to CHF 180 from CHF 175 at Barclays » 14:5603/0503/05/21
Barclays analyst Mark…
Barclays analyst Mark McVicar raised the firm's price target on Kuehne & Nagel to CHF 180 from CHF 175 and keeps an Underweight rating on the shares.
Kuehne & Nagel price target raised to CHF 200 from CHF 197 at Morgan Stanley » 14:0803/0503/05/21
Morgan Stanley analyst…
Morgan Stanley analyst Alexandra Thrum raised the firm's price target on Kuehne & Nagel to CHF 200 from CHF 197 and keeps an Equal Weight rating on the shares.
Deutsche Bank call volume above normal and directionally bullish » 15:4503/0403/04/21
Bullish option flow…
Bullish option flow detected in Deutsche Bank with 17,163 calls trading, 2x expected, and implied vol increasing almost 2 points to 53.61%. Jul-21 15 calls and Jan-22 10 calls are the most active options, with total volume in those strikes near 12,100 contracts. The Put/Call Ratio is 0.07. Earnings are expected on April 28th.
Kuehne & Nagel price target raised to CHF 187 from CHF 166 at Credit Suisse » 14:5403/0403/04/21
Credit Suisse analyst…
Credit Suisse analyst Neil Glynn raised the firm's price target on Kuehne & Nagel to CHF 187 from CHF 166 and keeps an Underperform rating on the shares.
Kuehne & Nagel upgraded to Add from Sell at AlphaValue » 05:1203/0403/04/21
AlphaValue analyst Kulwinder Rajpal upgraded Kuehne & Nagel to Add from Sell.
Deutsche Bank call volume above normal and directionally bullish » 14:2503/0303/03/21
Bullish option flow…
Bullish option flow detected in Deutsche Bank with 21,404 calls trading, 4x expected, and implied vol increasing over 1 point to 42.65%. Jul-21 15 calls and Apr-21 13 calls are the most active options, with total volume in those strikes near 15,700 contracts. The Put/Call Ratio is 0.08. Earnings are expected on April 28th.
French bankers want new EU law to move euro clearing to Frankfurt, Reuters says » 12:5703/0203/02/21
SCGLY, BNPQY, CRARY, CS, UBS, BCS, ING, SAN, DB, LYG, RBS, HSBC
France's banking industry body, known as the French Banking Federation, is seeking a new European Union law that would force non-EU lenders to move swathes of euro derivatives clearing from London to Frankfurt, Reuters' Huw Jones reports, citing people familiar with the matter. Since the U.K. exited the EU in December, trading in euro shares and swaps have moved to the bloc, with Brussels now targeting euro clearing and last week starting a fact-finding mission by meeting with banks, the author notes. The FBF does not think it would work if non-EU banks were asked to move trillions of euros in interest rate swaps positions voluntarily, the author says, citing sources. Publicly traded companies in the space include Societe Generale (SCGLY), BNP Paribas (BNPQY), Credit Agricole (CRARY), Banco Santander (SAN), Barclays (BCS), Credit Suisse (CS), Deutsche Bank (DB), HSBC (HSBC), ING Groep (ING), Lloyds Banking (LYG), RBS (RBS) and UBS (UBS). Reference Link
Deutsche Bank under pressure over sale of derivatives products in Spain, FT says » 06:1103/0103/01/21
Deutsche Bank is under…
Deutsche Bank is under pressure over its sale of derivatives products in Spain, The Financial Times' Stephen Morris and Olaf Storbeck report. The lender previously started an investigation after becoming concerned it may have sidestepped the EU's Mifid II rules designed to protect small businesses from risky lending. Reference Link
|Over a week ago|
Deutsche Bank price target raised to EUR 9.60 from EUR 9 at JPMorgan » 14:5702/2302/23/21
JPMorgan analyst Kian…
JPMorgan analyst Kian Abouhossein raised the firm's price target on Deutsche Bank to EUR 9.60 from EUR 9 and keeps a Neutral rating on the shares.
Kuehne & Nagel upgraded to Outperform from Market Perform at Bernstein » 04:4302/2302/23/21
Bernstein analyst Daniel…
Bernstein analyst Daniel Roeska upgraded Kuehne & Nagel to Outperform from Market Perform with a price target of CHF 250, up from CHF 200. The acquisition of Apex Logistics will boost Kuehne's presence in Asia and will make the company the world's largest air and sea forwarder, Roeska tells investors in a research note. The analyst believes the deal will add 10% of earnings by 2023 and "more growth benefits thereafter."