Zacks: Commerzbank AG (NASDAQ:CRZBY) Given Consensus Rating of “Strong Sell” by Analysts
Shares of Commerzbank AG (NASDAQ:CRZBY) have been given an average broker rating score of 5.00 (Strong Sell) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a strong sell recommendation.
Zacks has also given Commerzbank AG an industry rank of 78 out of 265 based on the ratings given to related companies.
CRZBY has been the topic of a number of recent research reports. Deutsche Bank AG downgraded Commerzbank AG from a “buy” rating to a “hold” rating in a research report on Wednesday. JPMorgan Chase & Co. downgraded Commerzbank AG from an “overweight” rating to a “neutral” rating in a research report on Thursday. Finally, BNP Paribas downgraded Commerzbank AG from an “outperform” rating to a “neutral” rating in a research report on Wednesday.
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Shares of Commerzbank AG (NASDAQ:CRZBY) traded down 1.6276% during trading on Friday, reaching $6.3401. The company’s stock had a trading volume of 8,017 shares. The stock has a market cap of $7.94 billion and a price-to-earnings ratio of 8.9423. Commerzbank AG has a one year low of $5.83 and a one year high of $11.96. The company has a 50-day moving average price of $6.86 and a 200-day moving average price of $7.50.
About Commerzbank AG
Commerzbank AG is a bank for private and corporate customers. The Bank’s business segments are Private Customers, Mittelstandsbank, Central & Eastern Europe, Corporates & Markets and Non-Core Assets. The Private Customers segment comprises the Private Customers, Direct Banking and Commerz Real Group divisions.
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