Royal Bank of Canada set a €9.00 ($10.71) price target on Commerzbank (ETR:CBK) in a report issued on Friday, December 8th. The firm currently has a neutral rating on the financial services provider’s stock.
Several other research firms have also commented on CBK. equinet set a €11.50 ($13.69) price objective on shares of Commerzbank and gave the company a neutral rating in a research report on Friday, October 13th. DZ Bank restated a sell rating on shares of Commerzbank in a research note on Thursday, November 9th. Goldman Sachs Group set a €10.50 ($12.50) price target on shares of Commerzbank and gave the stock a neutral rating in a research report on Wednesday, December 6th. Deutsche Bank reiterated a neutral rating on shares of Commerzbank in a research note on Thursday, October 12th. Finally, Nord/LB set a €8.50 ($10.12) price target on Commerzbank and gave the stock a sell rating in a report on Thursday, September 28th. Five equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and one has issued a buy rating to the company. The stock has an average rating of Hold and a consensus target price of €10.52 ($12.52).
Shares of Commerzbank (CBK) traded up €0.15 ($0.18) during midday trading on Friday, hitting €12.65 ($15.06). 9,698,183 shares of the stock traded hands, compared to its average volume of 8,770,000. Commerzbank has a 52-week low of €6.97 ($8.30) and a 52-week high of €12.95 ($15.42).
Commerzbank Company Profile
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