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.
TRADEMARK VIOLATION WARNING: “Citigroup Inc. Analysts Give Commerzbank Ag (ETR:CBK) a €12.80 Price Target” was originally posted by Sports Perspectives and is the sole property of of Sports Perspectives. If you are accessing this report on another domain, it was illegally stolen and reposted in violation of US & international trademark & copyright law. The correct version of this report can be accessed at https://sportsperspectives.com/2017/07/18/citigroup-inc-analysts-give-commerzbank-ag-etrcbk-a-12-80-price-target.html.
About Commerzbank Ag
Receive News & Ratings for Commerzbank Ag Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Commerzbank Ag and related companies with MarketBeat.com's FREE daily email newsletter.