Commerzbank AG (NASDAQ:CRZBY) has been assigned a consensus broker rating score of 5.00 (Strong Sell) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong sell recommendation.
Zacks has also given Commerzbank AG an industry rank of 79 out of 265 based on the ratings given to related companies.
Several equities analysts have recently issued reports on the company. JPMorgan Chase & Co. cut Commerzbank AG from an “overweight” rating to a “neutral” rating in a report on Thursday. BNP Paribas cut Commerzbank AG from an “outperform” rating to a “neutral” rating in a report on Wednesday, October 5th. Finally, Deutsche Bank AG cut Commerzbank AG from a “buy” rating to a “hold” rating in a report on Wednesday, October 5th.
Shares of Commerzbank AG (NASDAQ:CRZBY) opened at 6.44 on Friday. Commerzbank AG has a 1-year low of $5.83 and a 1-year high of $11.96. The company has a market capitalization of $8.07 billion and a price-to-earnings ratio of 9.10. The stock has a 50 day moving average price of $6.85 and a 200 day moving average price of $7.48.
About Commerzbank AG
Commerzbank AG is a bank for private and corporate customers. The Bank’s business segments are Private Customers, Mittelstandsbank, Central & Eastern Europe, Corporates & Markets and Non-Core Assets. The Private Customers segment comprises the Private Customers, Direct Banking and Commerz Real Group divisions.
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