Commerzbank AG (CBK) Given Average Rating of “Hold” by Analysts

Shares of Commerzbank AG (ETR:CBK) have earned an average recommendation of “Hold” from the twenty brokerages that are presently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and six have issued a buy rating on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is €10.18 ($11.84).

Several research firms have issued reports on CBK. Morgan Stanley set a €9.50 ($11.05) target price on shares of Commerzbank and gave the stock a “neutral” rating in a research note on Tuesday, November 27th. Goldman Sachs Group set a €11.20 ($13.02) target price on shares of Commerzbank and gave the stock a “neutral” rating in a research note on Tuesday, November 20th. Cfra set a €9.50 ($11.05) target price on shares of Commerzbank and gave the stock a “neutral” rating in a research note on Friday, November 9th. DZ Bank reiterated a “neutral” rating on shares of Commerzbank in a research note on Thursday, November 8th. Finally, Nord/LB set a €8.95 ($10.41) target price on shares of Commerzbank and gave the stock a “neutral” rating in a research note on Thursday, November 8th.

ETR CBK opened at €7.72 ($8.98) on Tuesday. Commerzbank has a 1 year low of €7.82 ($9.09) and a 1 year high of €13.82 ($16.07).

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 (ETR:CBK)

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