Citigroup Inc. Analysts Give Commerzbank Ag (ETR:CBK) a €12.80 Price Target

Commerzbank Ag (ETR:CBK) has been given a €12.80 ($14.71) target price by equities researchers at Citigroup Inc. in a research report issued on Tuesday. The brokerage presently has a “buy” rating on the financial services provider’s stock.

Other research analysts have also issued reports about the company. UBS AG set a €6.50 ($7.47) target price on Commerzbank Ag and gave the stock a “sell” rating in a research report on Tuesday, May 9th. Barclays PLC set a €6.00 ($6.90) target price on Commerzbank Ag and gave the stock a “sell” rating in a research report on Saturday, May 20th. J P Morgan Chase & Co set a €9.60 ($11.03) target price on Commerzbank Ag and gave the stock a “neutral” rating in a research report on Saturday, May 20th. Morgan Stanley set a €9.35 ($10.75) target price on Commerzbank Ag and gave the stock a “neutral” rating in a research report on Saturday, May 20th. Finally, DZ Bank AG reaffirmed a “sell” rating on shares of Commerzbank Ag in a research report on Saturday, May 20th. Seven research analysts have rated the stock with a sell rating, twelve have issued a hold rating and four have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of €8.65 ($9.95).

Shares of Commerzbank Ag (ETR CBK) opened at 11.125 on Tuesday. The company has a market cap of €13.93 billion and a P/E ratio of 42.625. The company has a 50-day moving average price of €9.50 and a 200-day moving average price of €8.40. Commerzbank Ag has a 12-month low of €5.16 and a 12-month high of €11.15.

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