Commerzbank AG (ETR:CBK) has been given a €9.00 ($10.00) price objective by research analysts at Bankhaus Lampe in a research report issued to clients and investors on Friday. The firm presently has a a “buy” rating on the stock.
Several other brokerages have also recently weighed in on CBK. Citigroup Inc. set a €6.90 ($7.67) price target on Commerzbank AG and gave the company a “neutral” rating in a research report on Thursday. Independent Research GmbH set a €6.00 ($6.67) price objective on Commerzbank AG and gave the stock a “neutral” rating in a report on Tuesday, August 2nd. Warburg Research set a €6.10 ($6.78) price objective on Commerzbank AG and gave the stock a “neutral” rating in a report on Friday, August 26th. Bank of America Corp. set a €6.60 ($7.33) price objective on Commerzbank AG and gave the stock a “neutral” rating in a report on Wednesday, July 20th. Finally, Barclays PLC reissued a “sell” rating on shares of Commerzbank AG in a report on Monday, August 1st. Five equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have assigned a buy rating to the company’s stock. Commerzbank AG has an average rating of “Hold” and a consensus target price of €7.51 ($8.34).
Commerzbank AG (ETR:CBK) opened at 5.445 on Friday. Commerzbank AG has a 12 month low of €5.16 and a 12 month high of €10.86. The stock has a 50 day moving average of €6.07 and a 200 day moving average of €6.77. The company has a market capitalization of €6.82 billion and a price-to-earnings ratio of 8.616.
Commerzbank AG Company Profile
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