Commerzbank Ag (CBK) Given a €7.50 Price Target at Nord/LB

Nord/LB set a €7.50 ($8.43) target price on Commerzbank Ag (ETR:CBK) in a research report released on Tuesday. The firm currently has a sell rating on the financial services provider’s stock.

A number of other analysts have also issued reports on CBK. Barclays PLC set a €6.00 ($6.74) price target on Commerzbank Ag and gave the stock a sell rating in a research note on Monday, February 27th. Deutsche Bank AG set a €6.50 ($7.30) price target on Commerzbank Ag and gave the stock a neutral rating in a research note on Monday, March 6th. Citigroup Inc. set a €8.40 ($9.44) price target on Commerzbank Ag and gave the stock a neutral rating in a research note on Tuesday, March 28th. HSBC Holdings plc set a €7.60 ($8.54) price target on Commerzbank Ag and gave the stock a neutral rating in a research note on Thursday, March 30th. Finally, Kepler Capital Markets set a €10.00 ($11.24) price target on Commerzbank Ag and gave the stock a buy rating in a research note on Wednesday, April 5th. Seven analysts have rated the stock with a sell rating, eleven have given a hold rating and four have assigned a buy rating to the company’s stock. The company has a consensus rating of Hold and an average target price of €8.39 ($9.42).

Shares of Commerzbank Ag (ETR CBK) traded up 3.582% during mid-day trading on Tuesday, reaching €10.209. 270,544 shares of the company traded hands. Commerzbank Ag has a 52-week low of €5.16 and a 52-week high of €10.28. The company’s 50 day moving average is €9.44 and its 200 day moving average is €8.30. The stock has a market capitalization of €12.79 billion and a price-to-earnings ratio of 39.115.

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Commerzbank Ag Company Profile

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