Analysts at Deutsche Bank have raised the target price for Bankinter to €17.50 per share, representing an 8.40% upside potential compared to yesterday's close. The bank's stock is trading at historic highs.
Deutsche Bank analysts have improved their valuation of Bankinter following the first half results released last week. The German firm has raised the target price for the stock to €17.50, up from the previous €16.10, which represents an 8.40% upside potential compared to the previous session's close.
The recommendation remains 'buy', a stance that contrasts with the market consensus. According to data compiled by Reuters, most analysts recommend 'hold' on the bank's shares, with the average target price set at €16.38, just 0.8% above the current trading price.
With this revision, Deutsche Bank becomes one of the most optimistic analysts regarding Bankinter's stock future.
Bankinter shares closed yesterday at €16.145, after reaching an intraday historic high of €16.29. At the opening of today's session, the shares rose by 0.52% to €16.23, once again approaching those record levels.
The bank announced last week that it achieved a net profit of €605 million in the first half of 2026, a 12% increase compared to the same period last year. The pre-tax profit reached €853 million, driven by growth in commercial activity, an increase in recurring revenues, and strict cost discipline.
So far this year, Bankinter shares have appreciated by 14.65%. In the last twelve months, the increase is 33.16%, referencing the €12.20 lows recorded on August 1 of last year.
For investors, Deutsche Bank's new valuation supports the bank's strategy and opens the door to potential further gains if the market aligns with the German firm's expectations. However, the difference with the consensus suggests caution: the market's average target price is very close to the current price, indicating that much of the good news may already be priced in.
The upcoming catalysts for the stock will be the evolution of interest margins in a still high-rate environment and the bank's ability to maintain cost control. The publication of third-quarter results, expected at the end of October, will provide new insights into the business trend.
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