Goldman Sachs Group set a €11.75 ($14.51) price target on Commerzbank (ETR:CBK) in a report released on Thursday. The brokerage currently has a neutral rating on the financial services provider’s stock.
CBK has been the topic of a number of other reports. Citigroup set a €13.90 ($17.16) target price on shares of Commerzbank and gave the stock a buy rating in a research report on Monday, November 13th. UBS Group set a €11.50 ($14.20) target price on Commerzbank and gave the company a neutral rating in a research note on Thursday, November 9th. equinet set a €11.50 ($14.20) target price on Commerzbank and gave the company a neutral rating in a research note on Thursday, November 9th. Morgan Stanley set a €11.15 ($13.77) target price on Commerzbank and gave the company a neutral rating in a research note on Thursday, November 9th. Finally, JPMorgan Chase & Co. set a €9.60 ($11.85) target price on Commerzbank and gave the company a neutral rating in a research note on Thursday, November 9th. Six analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and one has issued a buy rating to the stock. The stock currently has an average rating of Hold and a consensus price target of €11.07 ($13.67).
Commerzbank (CBK) opened at €12.25 ($15.12) on Thursday. Commerzbank has a 12 month low of €7.63 ($9.42) and a 12 month high of €13.82 ($17.06).
COMMERZBANK AG is a Germany-based bank for private and corporate customers in Germany. The bank operates six business segments: Private Customers, which operates Retail, Business and Wealth Management Customers, Sales Retail and Business Customers North-East and South-West, Sales Wealth Management, and Credit operating units, among others; Mittelstandsbank, which operates Small and Medium Enterprises, Large Corporations, Corporate Banking, Corporates International and Financial Institutions units; Central & Eastern Europe, which operates CEE-Holding/Subsidiaries & Branches, BRE Bank and Bank Forum units; Corporates & Markets, which operates Equity Markets & Commodities, Fixed Income Trading, Corporate Finance, Fixed Income Sales, Client Relationship Management, and Research units, among others; Asset Based Finance, which operates CRE Germany, Public Finance and Ship Finance units, among others, and Portfolio Restructuring Unit, which operates Portfolio Restructuring Unit.
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