Commerzbank (ETR:CBK) has been given a €9.50 ($11.05) price objective by equities research analysts at Cfra in a report issued on Friday. The brokerage presently has a “neutral” rating on the financial services provider’s stock. Cfra’s price target would indicate a potential upside of 9.02% from the company’s current price.
Several other equities research analysts also recently weighed in on the stock. DZ Bank reissued a “neutral” rating on shares of Commerzbank in a research note on Thursday. Nord/LB set a €8.95 ($10.41) target price on shares of Commerzbank and gave the company a “neutral” rating in a research note on Thursday. UBS Group set a €10.20 ($11.86) target price on shares of Commerzbank and gave the company a “buy” rating in a research note on Thursday. Royal Bank of Canada set a €11.00 ($12.79) target price on shares of Commerzbank and gave the company a “buy” rating in a research note on Thursday. Finally, Independent Research set a €9.50 ($11.05) target price on shares of Commerzbank and gave the company a “neutral” rating in a research note on Thursday. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of €10.20 ($11.86).
Shares of CBK opened at €8.71 ($10.13) on Friday. Commerzbank has a twelve month low of €7.82 ($9.09) and a twelve month 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.
See Also: Outstanding Shares
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