Commerzbank (CBK) Given a €9.50 Price Target by Cfra Analysts

Cfra set a €9.50 ($11.05) target price on Commerzbank (ETR:CBK) in a research report sent to investors on Friday morning. The brokerage currently has a neutral rating on the financial services provider’s stock.

A number of other research firms also recently weighed in on CBK. Credit Suisse Group set a €8.50 ($9.88) target price on shares of Commerzbank and gave the stock a sell rating in a research report on Tuesday, July 31st. Warburg Research set a €8.80 ($10.23) price objective on shares of Commerzbank and gave the company a neutral rating in a research report on Monday, July 30th. Deutsche Bank set a €10.00 ($11.63) price objective on shares of Commerzbank and gave the company a neutral rating in a research report on Tuesday, August 7th. equinet set a €13.00 ($15.12) price objective on shares of Commerzbank and gave the company a neutral rating in a research report on Tuesday, August 7th. Finally, JPMorgan Chase & Co. set a €11.00 ($12.79) price objective on shares of Commerzbank and gave the company a neutral rating in a research report on Tuesday, August 7th. Three investment analysts have rated the stock with a sell rating, twelve have given a hold rating and six have given a buy rating to the stock. The stock has a consensus rating of Hold and a consensus price target of €10.19 ($11.85).

Shares of ETR:CBK traded down €0.10 ($0.12) during midday trading on Friday, reaching €8.71 ($10.13). The company’s stock had a trading volume of 8,126,725 shares, compared to its average volume of 8,870,000. Commerzbank has a 12-month low of €7.82 ($9.09) and a 12-month high of €13.82 ($16.07).

Commerzbank Company Profile

Commerzbank Aktiengesellschaft provides banking and capital market services to private and small business customers, corporate clients, multinationals, financial service providers, and institutional clients worldwide. It operates through Private and Small-Business Customers; Corporate Clients; and Asset & Capital Recovery segments.

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Analyst Recommendations for Commerzbank (ETR:CBK)

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