HSBC Holdings plc Analysts Give Commerzbank Ag (ETR:CBK) a €9.20 Price Target

Commerzbank Ag (ETR:CBK) has been given a €9.20 ($10.82) target price by stock analysts at HSBC Holdings plc in a report released on Friday, July 21st. The brokerage presently has a “neutral” rating on the financial services provider’s stock.

A number of other research analysts have also recently commented on CBK. UBS AG set a €6.50 ($7.65) target price on shares of Commerzbank Ag and gave the stock a “sell” rating in a research report on Tuesday, May 9th. 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. Morgan Stanley set a €9.35 ($11.00) target price on shares of Commerzbank Ag and gave the stock a “neutral” rating in a research report on Saturday, May 20th. Independent Research GmbH set a €8.50 ($10.00) target price on shares of Commerzbank Ag and gave the stock a “sell” rating in a research report on Monday, June 26th. Finally, J P Morgan Chase & Co set a €9.60 ($11.29) target price on shares of Commerzbank Ag and gave the stock a “neutral” rating in a research report on Saturday, May 20th. Six analysts have rated the stock with a sell rating, thirteen have issued a hold rating and two have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of €8.98 ($10.57).

Shares of Commerzbank Ag (ETR:CBK) traded up 0.693% on Friday, hitting €11.188. The stock had a trading volume of 45,503 shares. The firm’s market cap is €14.01 billion. The firm’s 50-day moving average price is €10.90 and its 200 day moving average price is €9.18. Commerzbank Ag has a 12 month low of €5.33 and a 12 month high of €11.73.

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Commerzbank Ag Company Profile