Commerzbank (CBK) PT Set at €9.00 by JPMorgan Chase & Co.

Commerzbank (ETR:CBK) received a €9.00 ($10.47) target price from equities research analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Thursday. The brokerage currently has a “buy” rating on the financial services provider’s stock. JPMorgan Chase & Co.‘s price target points to a potential upside of 25.93% from the stock’s previous close.

Other equities analysts have also recently issued reports about the company. Deutsche Bank set a €10.00 ($11.63) target price on Commerzbank and gave the stock a “neutral” rating in a research report on Tuesday, December 4th. Morgan Stanley set a €9.50 ($11.05) price target on Commerzbank and gave the stock a “neutral” rating in a research note on Tuesday, November 27th. Royal Bank of Canada set a €8.50 ($9.88) price target on Commerzbank and gave the stock a “buy” rating in a research note on Thursday, February 14th. Goldman Sachs Group set a €11.20 ($13.02) price target on Commerzbank and gave the stock a “neutral” rating in a research note on Tuesday, November 20th. Finally, DZ Bank reaffirmed a “buy” rating on shares of Commerzbank in a research note on Wednesday, December 12th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and seven have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of €9.01 ($10.48).

Commerzbank stock opened at €7.15 ($8.31) on Thursday. Commerzbank has a 52 week low of €0.31 ($0.36) and a 52 week high of €13.82 ($16.07). The stock has a market cap of $274.45 million and a P/E ratio of -8.80.

About Commerzbank

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.

Read More: Why is the ROA ratio important?

Analyst Recommendations for Commerzbank (ETR:CBK)

Receive News & Ratings for Commerzbank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Commerzbank and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply