Commerzbank Ag (ETR:CBK) has been assigned a €11.50 ($13.53) price objective by HSBC Holdings plc in a research note issued to investors on Friday. The brokerage presently has a “neutral” rating on the financial services provider’s stock.

Other equities analysts have also issued research reports about the company. Deutsche Bank AG set a €8.00 ($9.41) price objective on Commerzbank Ag and gave the company a “neutral” rating in a research note on Wednesday, June 28th. Barclays PLC set a €6.00 ($7.06) price objective on Commerzbank Ag and gave the company a “sell” rating in a research note on Wednesday, June 28th. Goldman Sachs Group Inc set a €9.65 ($11.35) price objective on Commerzbank Ag and gave the company a “neutral” rating in a research note on Wednesday, August 2nd. equinet AG set a €9.50 ($11.18) price objective on Commerzbank Ag and gave the company a “neutral” rating in a research note on Wednesday, August 2nd. Finally, Royal Bank Of Canada set a €9.00 ($10.59) price objective on Commerzbank Ag and gave the company a “neutral” rating in a research note on Friday, August 18th. Five investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and two have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of €9.52 ($11.20).

Shares of Commerzbank Ag (CBK) traded down 0.438% on Friday, hitting €11.593. The stock had a trading volume of 29,765 shares. Commerzbank Ag has a one year low of €5.85 and a one year high of €11.90. The company’s 50 day moving average is €11.08 and its 200 day moving average is €10.17. The stock’s market cap is €14.52 billion.

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About Commerzbank Ag

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