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

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

A number of other research firms have also commented on CBK. Goldman Sachs Group set a €11.00 ($12.79) price target on shares of Commerzbank and gave the company a neutral rating in a report on Wednesday, September 12th. Morgan Stanley set a €10.00 ($11.63) price target on shares of Commerzbank and gave the company a neutral rating in a report on Wednesday, September 12th. Deutsche Bank set a €10.00 ($11.63) price target on shares of Commerzbank and gave the company a neutral rating in a report on Tuesday, September 18th. JPMorgan Chase & Co. set a €10.50 ($12.21) price target on shares of Commerzbank and gave the company a buy rating in a report on Tuesday, October 9th. Finally, Berenberg Bank set a €8.60 ($10.00) price target on shares of Commerzbank and gave the company a neutral rating in a report on Monday, August 13th. Three equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have given a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus target price of €10.19 ($11.85).

Shares of Commerzbank stock traded down €0.10 ($0.12) during 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 52-week low of €7.82 ($9.09) and a 52-week 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.

See Also: Fundamental Analysis and Individual Investors

Analyst Recommendations for Commerzbank (ETR:CBK)

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