Kepler Capital Markets set a €5.10 ($5.93) price target on Commerzbank (ETR:CBK) in a report published on Wednesday, Borsen Zeitung reports. The firm currently has a sell rating on the financial services provider’s stock.
A number of other equities analysts have also commented on CBK. JPMorgan Chase & Co. set a €6.50 ($7.56) price target on shares of Commerzbank and gave the stock a neutral rating in a report on Tuesday, September 17th. Credit Suisse Group set a €6.50 ($7.56) price target on shares of Commerzbank and gave the stock a neutral rating in a report on Thursday, August 8th. Warburg Research set a €7.00 ($8.14) price target on shares of Commerzbank and gave the stock a neutral rating in a report on Wednesday, July 31st. DZ Bank reiterated a neutral rating on shares of Commerzbank in a report on Wednesday, August 7th. Finally, Nord/LB set a €5.75 ($6.69) price target on shares of Commerzbank and gave the stock a neutral rating in a report on Monday, August 12th. Two analysts have rated the stock with a sell rating, fourteen have given a hold rating and three have given a buy rating to the company. The stock presently has a consensus rating of Hold and an average target price of €7.51 ($8.73).
Shares of ETR:CBK opened at €5.72 ($6.65) on Wednesday. The firm has a market cap of $7.17 billion and a PE ratio of 9.92. The firm’s fifty day moving average is €5.36 and its 200-day moving average is €6.54. Commerzbank has a 52 week low of €4.66 ($5.42) and a 52 week high of €9.66 ($11.23).
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.
Receive News & Ratings for Commerzbank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Commerzbank and related companies with MarketBeat.com's FREE daily email newsletter.