Royal Bank of Canada set a €8.00 ($9.30) price objective on Commerzbank (ETR:CBK) in a report published on Monday morning. The firm currently has a buy rating on the financial services provider’s stock.
CBK has been the subject of a number of other reports. JPMorgan Chase & Co. set a €11.00 ($12.79) price target on Commerzbank and gave the company a buy rating in a research report on Monday, January 7th. UBS Group reiterated a buy rating on shares of Commerzbank in a research report on Wednesday, January 16th. Morgan Stanley set a €9.00 ($10.47) price objective on Commerzbank and gave the stock a neutral rating in a research report on Tuesday, January 15th. HSBC set a €10.00 ($11.63) price objective on Commerzbank and gave the stock a buy rating in a research report on Tuesday, December 18th. Finally, DZ Bank reiterated a buy rating on shares of Commerzbank in a research report on Wednesday, March 13th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and seven have given a buy rating to the company. The stock currently has an average rating of Hold and a consensus price target of €9.01 ($10.48).
CBK stock opened at €7.26 ($8.44) on Monday. The company has a market capitalization of $9.09 billion and a PE ratio of 10.37. Commerzbank has a 1 year low of €5.50 ($6.40) and a 1 year high of €12.09 ($14.05).
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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