Commerzbank (ETR:CBK) has been assigned a €6.70 ($7.79) price objective by Warburg Research in a research report issued on Monday. The brokerage currently has a “neutral” rating on the financial services provider’s stock. Warburg Research’s price target would suggest a potential upside of 5.83% from the company’s previous close.
A number of other analysts also recently issued reports on CBK. Kepler Capital Markets set a €5.50 ($6.40) price objective on shares of Commerzbank and gave the stock a “sell” rating in a report on Wednesday, February 6th. equinet set a €9.20 ($10.70) price objective on shares of Commerzbank and gave the stock a “neutral” rating in a report on Thursday, November 8th. HSBC set a €13.00 ($15.12) price objective on shares of Commerzbank and gave the stock a “buy” rating in a report on Wednesday, October 24th. Independent Research set a €9.50 ($11.05) price target on shares of Commerzbank and gave the stock a “neutral” rating in a research note on Thursday, November 8th. Finally, Morgan Stanley set a €9.50 ($11.05) price target on shares of Commerzbank and gave the stock a “neutral” rating in a research note on Tuesday, November 27th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and seven have given a buy rating to the stock. Commerzbank has an average rating of “Hold” and a consensus price target of €9.24 ($10.75).
ETR CBK opened at €6.33 ($7.36) on Monday. Commerzbank has a 52-week low of €7.82 ($9.09) and a 52-week 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.
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