Commerzbank (ETR:CBK)‘s stock had its “neutral” rating restated by stock analysts at DZ Bank in a research report issued on Thursday, Borsen Zeitung reports.
CBK has been the topic of a number of other reports. Deutsche Bank set a €5.00 ($5.81) price objective on Commerzbank and gave the stock a “neutral” rating in a research report on Tuesday, October 1st. HSBC set a €8.20 ($9.53) price objective on Commerzbank and gave the stock a “buy” rating in a research report on Monday, October 28th. Goldman Sachs Group set a €9.60 ($11.16) price objective on Commerzbank and gave the stock a “neutral” rating in a research report on Thursday. Berenberg Bank set a €6.40 ($7.44) price target on Commerzbank and gave the company a “neutral” rating in a research report on Thursday, August 8th. Finally, UBS Group set a €5.00 ($5.81) price target on Commerzbank and gave the company a “neutral” rating in a research report on Thursday. Three equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and two have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of €7.06 ($8.21).
Commerzbank stock traded down €0.03 ($0.03) during trading hours on Thursday, reaching €5.74 ($6.68). The company had a trading volume of 14,245,635 shares, compared to its average volume of 8,870,000. The company has a 50-day moving average price of €5.35 and a 200 day moving average price of €6.10. The firm has a market cap of $7.23 billion and a price-to-earnings ratio of 9.95. Commerzbank has a 12-month low of €4.66 ($5.42) and a 12-month high of €8.94 ($10.40).
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.
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