JPMorgan Chase & Co. set a €10.50 ($12.21) price objective on Commerzbank (ETR:CBK) in a research note published on Tuesday morning. The firm currently has a buy rating on the financial services provider’s stock.
CBK has been the subject of several other reports. UBS Group set a €10.20 ($11.86) price target on Commerzbank and gave the stock a buy rating in a research report on Thursday, September 13th. Cfra set a €9.50 ($11.05) price target on Commerzbank and gave the stock a neutral rating in a research report on Wednesday, August 8th. Morgan Stanley set a €10.00 ($11.63) price target on Commerzbank and gave the stock a neutral rating in a research report on Wednesday, September 12th. Nord/LB set a €9.63 ($11.20) price target on Commerzbank and gave the stock a neutral rating in a research report on Thursday, August 9th. Finally, DZ Bank reiterated a neutral rating on shares of Commerzbank in a research report on Tuesday, August 7th. Three analysts have rated the stock with a sell rating, thirteen have issued a hold rating and six have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus target price of €10.51 ($12.22).
Shares of CBK opened at €8.57 ($9.97) on Tuesday. Commerzbank has a one year low of €7.82 ($9.09) and a one year high of €13.82 ($16.07).
Commerzbank Company Profile
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.
Recommended Story: How is a Moving Average Calculated?
Receive News & Ratings for Commerzbank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Commerzbank and related companies with MarketBeat.com's FREE daily email newsletter.