Commerzbank Ag (CBK) Given a €11.50 Price Target at equinet AG
Commerzbank Ag (ETR:CBK) has been given a €11.50 ($13.53) target price by research analysts at equinet AG in a note issued to investors on Friday. The firm presently has a “neutral” rating on the financial services provider’s stock.
A number of other research analysts have also weighed in on CBK. Deutsche Bank AG set a €8.00 ($9.41) price objective on Commerzbank Ag and gave the company a “neutral” rating in a report on Wednesday, June 28th. S&P Global set a €8.50 ($10.00) price objective on Commerzbank Ag and gave the company a “sell” rating in a report on Thursday, August 3rd. Morgan Stanley set a €9.35 ($11.00) price objective on Commerzbank Ag and gave the company a “neutral” rating in a report on Friday, July 21st. Citigroup Inc. restated a “buy” rating on shares of Commerzbank Ag in a report on Thursday, September 21st. Finally, Nord/LB set a €7.50 ($8.82) price objective on Commerzbank Ag and gave the company a “sell” rating in a report on Tuesday, June 27th. Five research analysts have rated the stock with a sell rating, thirteen have given a hold rating and two have issued a buy rating to the company’s stock. Commerzbank Ag presently has an average rating of “Hold” and a consensus price target of €9.32 ($10.97).
Commerzbank Ag (CBK) opened at 11.715 on Friday. The stock has a 50 day moving average of €10.89 and a 200 day moving average of €10.06. Commerzbank Ag has a 12-month low of €5.55 and a 12-month high of €11.84. The stock’s market cap is €14.67 billion.
Commerzbank Ag Company Profile
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