Commerzbank AG (NASDAQ:CRZBY) was downgraded by stock analysts at Deutsche Bank AG from a “buy” rating to a “hold” rating in a research note issued to investors on Wednesday.

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Separately, BNP Paribas raised Commerzbank AG from a “neutral” rating to an “outperform” rating in a research report on Thursday, September 1st.

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Commerzbank AG (NASDAQ:CRZBY) traded down 0.08% on Wednesday, hitting $6.44. 16,211 shares of the company traded hands. The firm has a market capitalization of $8.07 billion and a PE ratio of 9.08. The firm’s 50 day moving average price is $6.85 and its 200 day moving average price is $7.48. Commerzbank AG has a 1-year low of $5.83 and a 1-year high of $11.96.

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.

5 Day Chart for NASDAQ:CRZBY

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