Commerzbank Ag (ETR:CBK) received a €9.20 ($10.82) target price from stock analysts at HSBC Holdings plc in a report released on Friday, July 21st. The brokerage currently has a “neutral” rating on the financial services provider’s stock.
Other equities analysts have also recently issued reports about the stock. UBS AG set a €6.50 ($7.65) price objective on shares of Commerzbank Ag and gave the stock a “sell” rating in a research note on Tuesday, May 9th. Barclays PLC set a €6.00 ($7.06) price objective on shares of Commerzbank Ag and gave the stock a “sell” rating in a research note on Saturday, May 20th. J P Morgan Chase & Co set a €9.60 ($11.29) price objective on shares of Commerzbank Ag and gave the stock a “neutral” rating in a research note on Saturday, May 20th. Morgan Stanley set a €9.35 ($11.00) price objective on shares of Commerzbank Ag and gave the stock a “neutral” rating in a research note on Saturday, May 20th. Finally, DZ Bank AG reissued a “sell” rating on shares of Commerzbank Ag in a research note on Saturday, May 20th. Six analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of €8.96 ($10.54).
Shares of Commerzbank Ag (ETR:CBK) opened at 11.67 on Friday. Commerzbank Ag has a 1-year low of €5.16 and a 1-year high of €11.73. The company has a market capitalization of €14.62 billion and a P/E ratio of 44.71. The firm has a 50-day moving average of €10.66 and a 200 day moving average of €9.05.
Commerzbank Ag Company Profile
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