Commerzbank AG (ETR:CBK) has been assigned a consensus recommendation of “Hold” from the nineteen research firms that are covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have issued a buy rating on the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is €9.01 ($10.48).
CBK has been the topic of a number of recent analyst reports. Royal Bank of Canada set a €8.50 ($9.88) price target on shares of Commerzbank and gave the stock a “buy” rating in a research report on Wednesday, December 26th. JPMorgan Chase & Co. set a €11.00 ($12.79) price target on shares of Commerzbank and gave the stock a “buy” rating in a research report on Monday, January 7th. UBS Group restated a “buy” rating on shares of Commerzbank in a research report on Wednesday, January 16th. HSBC set a €10.00 ($11.63) price target on shares of Commerzbank and gave the stock a “buy” rating in a research report on Tuesday, December 18th. Finally, Morgan Stanley set a €9.00 ($10.47) price target on shares of Commerzbank and gave the stock a “neutral” rating in a research report on Tuesday, January 15th.
ETR:CBK opened at €7.49 ($8.71) on Thursday. Commerzbank has a one year low of €5.50 ($6.40) and a one year high of €12.09 ($14.05). The company has a market cap of $9.32 billion and a P/E ratio of 10.70.
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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