Goldman Sachs Group Analysts Give Commerzbank (CBK) a €10.50 Price Target

Goldman Sachs Group set a €10.50 ($12.50) price objective on Commerzbank (ETR:CBK) in a report issued on Wednesday. The brokerage currently has a neutral rating on the financial services provider’s stock.

Several other brokerages have also commented on CBK. Royal Bank Of Canada set a €9.00 ($10.71) price objective on shares of Commerzbank and gave the stock a neutral rating in a report on Friday, December 1st. Deutsche Bank set a €9.00 ($10.71) price objective on shares of Commerzbank and gave the stock a neutral rating in a report on Tuesday, September 26th. J P Morgan Chase & Co set a €9.60 ($11.43) price objective on shares of Commerzbank and gave the stock a neutral rating in a report on Thursday, October 19th. Independent Research set a €10.00 ($11.90) price objective on shares of Commerzbank and gave the stock a sell rating in a report on Thursday, November 9th. Finally, Nord/LB set a €8.50 ($10.12) price objective on shares of Commerzbank and gave the stock a sell rating in a report on Thursday, September 28th. Five equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and one has assigned a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus price target of €10.23 ($12.17).

Shares of Commerzbank (ETR CBK) opened at €12.61 ($15.01) on Wednesday. Commerzbank has a 12-month low of €6.97 ($8.30) and a 12-month high of €12.81 ($15.25).

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