UBS Group set a €4.60 ($5.41) target price on Commerzbank (ETR:CBK) in a research report sent to investors on Friday, Borsen Zeitung reports. The firm currently has a sell rating on the financial services provider’s stock.
Several other equities analysts also recently weighed in on CBK. Deutsche Bank Aktiengesellschaft set a €4.00 ($4.71) target price on Commerzbank and gave the stock a neutral rating in a research report on Wednesday, August 5th. Jefferies Financial Group set a €4.90 ($5.76) price objective on shares of Commerzbank and gave the stock a neutral rating in a report on Friday, October 16th. Goldman Sachs Group set a €5.60 ($6.59) target price on shares of Commerzbank and gave the company a neutral rating in a report on Monday, October 19th. DZ Bank reaffirmed a sell rating on shares of Commerzbank in a research note on Wednesday, August 5th. Finally, Independent Research set a €3.80 ($4.47) price objective on shares of Commerzbank and gave the company a sell rating in a research note on Monday, September 28th. Five analysts have rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus target price of €5.12 ($6.02).
Shares of Commerzbank stock opened at €4.57 ($5.38) on Friday. Commerzbank has a fifty-two week low of €2.80 ($3.30) and a fifty-two week high of €6.83 ($8.04). The business’s fifty day moving average is €4.52 and its two-hundred day moving average is €4.10. The firm has a market cap of $5.73 billion and a PE ratio of 39.09.
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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