Commerzbank AG (ETR:CBK) has been assigned a €9.00 ($10.00) price objective by stock analysts at Deutsche Bank AG in a research note issued to investors on Thursday. The firm currently has a a “buy” rating on the stock.
A number of other equities analysts also recently weighed in on CBK. Societe Generale reiterated a “buy” rating and issued a target price on shares of Commerzbank AG in a report on Monday, August 1st. BNP Paribas set a €7.00 ($7.78) target price on Commerzbank AG and gave the company a “neutral” rating in a report on Friday, August 12th. Bank of America Corp. set a €5.20 ($5.78) target price on Commerzbank AG and gave the company a “sell” rating in a report on Wednesday, August 3rd. Morgan Stanley set a €6.90 ($7.67) target price on Commerzbank AG and gave the company a “sell” rating in a report on Thursday, June 30th. Finally, Goldman Sachs Group Inc. set a €7.00 ($7.78) target price on Commerzbank AG and gave the company a “neutral” rating in a report on Monday, August 8th. Five research analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of €7.51 ($8.34).
Shares of Commerzbank AG (ETR:CBK) opened at 5.782 on Thursday. The stock’s 50 day moving average is €6.07 and its 200-day moving average is €6.76. Commerzbank AG has a 1-year low of €5.16 and a 1-year high of €10.86. The stock has a market cap of €7.24 billion and a price-to-earnings ratio of 9.149.
About Commerzbank AG
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