Commerzbank AG (CRZBY) Receives Average Recommendation of “Hold” from Brokerages

Shares of Commerzbank AG (OTCMKTS:CRZBY) have been given a consensus recommendation of “Hold” by the six analysts that are presently covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a sell recommendation, two have given a hold recommendation and one has assigned a buy recommendation to the company.

Several analysts recently commented on the company. JPMorgan Chase & Co. upgraded Commerzbank from a “neutral” rating to an “overweight” rating in a research report on Tuesday, October 9th. ValuEngine raised Commerzbank from a “sell” rating to a “hold” rating in a research note on Thursday, November 1st.

CRZBY opened at $8.62 on Wednesday. Commerzbank has a 12 month low of $8.51 and a 12 month high of $17.05. The company has a market capitalization of $11.19 billion, a P/E ratio of 11.17 and a beta of 1.43.

About Commerzbank

Commerzbank Aktiengesellschaft provides banking and capital market services to private and small business customers, corporate clients, multinationals, financial service providers, and institutional clients worldwide. It operates through Private and Small-Business Customers; Corporate Clients; and Asset & Capital Recovery segments.

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Analyst Recommendations for Commerzbank (OTCMKTS:CRZBY)

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