Commerzbank (ETR:CBK) Given a €5.75 Price Target by Nord/LB Analysts

Nord/LB set a €5.75 ($6.69) price target on Commerzbank (ETR:CBK) in a report released on Monday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the financial services provider’s stock.

Other analysts have also issued research reports about the stock. Berenberg Bank set a €6.40 ($7.44) price objective on shares of Commerzbank and gave the stock a neutral rating in a report on Thursday, August 8th. Jefferies Financial Group set a €7.00 ($8.14) price objective on shares of Commerzbank and gave the stock a neutral rating in a report on Thursday, June 20th. Morgan Stanley set a €9.00 ($10.47) price objective on shares of Commerzbank and gave the stock a neutral rating in a report on Wednesday, August 7th. Deutsche Bank set a €7.00 ($8.14) price objective on shares of Commerzbank and gave the stock a neutral rating in a report on Thursday, August 8th. Finally, Independent Research set a €8.50 ($9.88) price objective on shares of Commerzbank and gave the stock a buy rating in a report on Wednesday, August 7th. Two analysts have rated the stock with a sell rating, fourteen have given a hold rating and three have issued a buy rating to the company’s stock. The company has an average rating of Hold and a consensus target price of €7.75 ($9.01).

ETR CBK opened at €4.72 ($5.49) on Monday. The firm has a market cap of $5.91 billion and a price-to-earnings ratio of 8.18. The company has a 50 day moving average of €6.11 and a 200-day moving average of €6.76. Commerzbank has a 1-year low of €5.16 ($6.00) and a 1-year high of €9.66 ($11.23).

Commerzbank Company Profile

Commerzbank Aktiengesellschaft provides banking and capital market services to private and small business customers, corporate clients, multinationals, financial service providers, and institutional clients worldwide. It operates through two segments, Private and Small-Business Customers and Corporate Clients segments.

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Analyst Recommendations for Commerzbank (ETR:CBK)

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