# JPMorgan analyst ratings for German companies

> Developing situation record from CLSTR: https://clstr.news/situations/jpmorgan-analyst-ratings-for-german-companies
> Updated: 2026-10-27T19:42:55.000Z. Sources: 6. Developments: 2.

JPMorgan has issued positive outlooks for several German corporations. For the energy company RWE, analysts reaffirmed an ‘Overweight’ rating with a price target of 68.50 Euro, anticipating that upcoming quarterly results will confirm positive profit momentum. 

Additionally, JPMorgan maintained an ‘Overweight’ rating for DHL Group with a price target of 65 euros. Analysts noted that recent figures from US-based logistics firm UPS suggest a disciplined environment within the industry, a finding that aligns with previous data regarding DHL.

Regarding the energy group E.ON, JPMorgan maintained an ‘Overweight’ rating with a price target of 21.70 euros, noting the company appears on track to meet annual targets despite upcoming regulatory discussions and an ongoing cost-cutting program named ‘Polaris’. 

In the industrial sector, the bank maintained a ‘Neutral’ rating for Knorr-Bremse with a price target of 108 euros after order intake, revenue, and operating profit missed consensus estimates. While the railway division remains a significant factor, analysts view current issues there as temporary and noted that concerns regarding the truck segment did not materialize. 

Finally, JPMorgan maintained an ‘Underweight’ rating for Henkel with a price target of 65 euros, observing that while organic growth was stronger than expected, it was primarily driven by price increases.

## Timeline

### 2026-10-27: JPMorgan issues varied analyst ratings for European industrial and logistics firms

JPMorgan has updated its ratings for several European firms, maintaining ‘Neutral’ on Knorr-Bremse, ‘Overweight’ on E.ON and DHL Group, and ‘Underweight’ on Henkel.

5 sources. https://clstr.news/cluster/jpmorgan-maintains-overweight-rating-for-dhl-group

### 2026-10-27: JPMorgan maintains overweight rating for RWE with 68.50 Euro target

JPMorgan reaffirmed an 'Overweight' rating and a 68.50 Euro price target for RWE, citing expected positive profit momentum.

2 sources. https://clstr.news/cluster/jpmorgan-maintains-overweight-rating-for-rwe-with-6850-euro-target

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Cite as: JPMorgan analyst ratings for German companies. CLSTR, https://clstr.news/situations/jpmorgan-analyst-ratings-for-german-companies
