Verbund Shares Climb on Deutsche Bank Upgrade

By EC Assets · Published 28 September 2026

Verbund shares advanced after Deutsche Bank upgraded its rating on the Austrian utility. The bank raised its price target for Verbund. This move follows an upgrade to "hold" from "sell." Verbund shares rose 3.2% on Monday. The stock reached €64.58 following the announcement. Deutsche Bank also increased its price target for the company to €60 from €55. This article is intended for informational purposes only. It does not constitute investment advice.