Deutsche Bank bounces on the stock market, analysts defend it

(ANSA) - MILAN, MARCH 27 - Deutsche Bank's rebound on the Frankfurt Stock Exchange.

The stock of the German bank closed the session up by 6.15%, at 9.07 euros, while the cost of the CDS, the insurance against a default of its debt, decreased.

Several analysts considered the sell-off of which the bank was victim on Friday unjustified: "Deutsche Bank is not the weak link in the European banking landscape", affirmed Kepler Cheuvreux, emphasizing the "very solid" fundamentals of the German giant.

(HANDLE).