Jefferies Financial Group set a €8.10 ($9.42) price target on Commerzbank (ETR:CBK) in a research note issued to investors on Wednesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the financial services provider’s stock.
Other research analysts also recently issued research reports about the company. Royal Bank of Canada set a €8.00 ($9.30) target price on Commerzbank and gave the company a neutral rating in a report on Thursday, April 4th. JPMorgan Chase & Co. set a €8.75 ($10.17) target price on Commerzbank and gave the company a buy rating in a report on Wednesday, April 24th. HSBC set a €10.00 ($11.63) target price on Commerzbank and gave the company a buy rating in a report on Wednesday, April 24th. Nord/LB set a €8.50 ($9.88) target price on Commerzbank and gave the company a neutral rating in a report on Thursday, April 25th. Finally, Warburg Research set a €6.70 ($7.79) target price on Commerzbank and gave the company a neutral rating in a report on Tuesday, April 30th. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average target price of €9.08 ($10.55).
CBK stock opened at €7.57 ($8.80) on Wednesday. Commerzbank has a fifty-two week low of €5.50 ($6.40) and a fifty-two week high of €11.06 ($12.86). The stock has a market capitalization of $9.48 billion and a price-to-earnings ratio of 12.98.
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 two segments, Private and Small-Business Customers and Corporate Clients segments.
Featured Article: Google Finance
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.