HSBC Analysts Give Commerzbank AG (CBK) a €6.00 Price Target
Commerzbank AG (ETR:CBK) received a €6.00 ($6.67) price objective from equities research analysts at HSBC in a note issued to investors on Thursday. The brokerage presently has a a “neutral” rating on the stock.
A number of other equities analysts have also recently commented on CBK. Independent Research GmbH set a €7.00 ($7.78) target price on Commerzbank AG and gave the company a “neutral” rating in a report on Friday, June 17th. Deutsche Bank AG set a €10.00 ($11.11) target price on Commerzbank AG and gave the company a “buy” rating in a report on Monday, June 27th. JPMorgan Chase & Co. set a €10.00 ($11.11) target price on Commerzbank AG and gave the company a “buy” rating in a report on Monday, June 27th. Royal Bank Of Canada set a €6.50 ($7.22) target price on Commerzbank AG and gave the company a “neutral” rating in a report on Tuesday, June 28th. Finally, Goldman Sachs Group Inc. set a €7.65 ($8.50) price objective on Commerzbank AG and gave the company a “neutral” rating in a research note on Tuesday, June 28th. Five research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and five have issued a buy rating to the company’s stock. Commerzbank AG has a consensus rating of “Hold” and an average target price of €7.24 ($8.04).
Commerzbank AG (ETR:CBK) opened at 5.695 on Thursday. Commerzbank AG has a 12-month low of €5.16 and a 12-month high of €10.86. The stock’s 50 day moving average is €6.07 and its 200 day moving average is €6.67. The firm has a market cap of €7.13 billion and a P/E ratio of 9.011.
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Commerzbank AG Company Profile
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