UBS AG set a €11.50 ($13.53) price target on Commerzbank Ag (ETR:CBK) in a research note released on Wednesday, July 19th, www.boersen-zeitung.de reports. The firm currently has a neutral rating on the financial services provider’s stock.
CBK has been the subject of several other research reports. Goldman Sachs Group, Inc. (The) set a €8.45 ($9.94) price target on shares of Commerzbank Ag and gave the company a neutral rating in a research report on Tuesday, April 25th. Citigroup Inc. set a €8.40 ($9.88) target price on shares of Commerzbank Ag and gave the stock a neutral rating in a research report on Tuesday, March 28th. Independent Research GmbH set a €7.30 ($8.59) target price on shares of Commerzbank Ag and gave the stock a sell rating in a research report on Tuesday, May 9th. Deutsche Bank AG set a €8.00 ($9.41) target price on shares of Commerzbank Ag and gave the stock a neutral rating in a research report on Tuesday, May 16th. Finally, Barclays PLC set a €6.00 ($7.06) target price on shares of Commerzbank Ag and gave the stock a sell rating in a research report on Saturday, May 20th. Six equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and two have given a buy rating to the company. The stock has a consensus rating of Hold and an average target price of €8.96 ($10.54).
Shares of Commerzbank Ag (ETR CBK) traded up 3.384% on Wednesday, reaching €11.579. The company’s stock had a trading volume of 218,624 shares. Commerzbank Ag has a 1-year low of €5.16 and a 1-year high of €11.63. The stock has a market capitalization of €14.50 billion and a PE ratio of 44.364. The stock has a 50-day moving average of €10.41 and a 200 day moving average of €8.94.
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