Commerzbank (CBK) PT Set at €9.50 by Cfra
Commerzbank (ETR:CBK) has been given a €9.50 ($11.05) price target by stock analysts at Cfra in a research report issued on Friday. The firm presently has a “neutral” rating on the financial services provider’s stock. Cfra’s target price indicates a potential upside of 9.02% from the company’s previous close.
Other research analysts have also recently issued reports about the stock. Royal Bank of Canada set a €9.75 ($11.34) target price on shares of Commerzbank and gave the stock a “neutral” rating in a report on Tuesday, August 7th. Goldman Sachs Group set a €11.75 ($13.66) price target on shares of Commerzbank and gave the company a “neutral” rating in a report on Tuesday, August 7th. 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, August 7th. DZ Bank restated a “neutral” rating on shares of Commerzbank in a report on Tuesday, August 7th. Finally, Bank of America set a €10.00 ($11.63) price target on shares of Commerzbank and gave the company a “neutral” rating in a report on Wednesday, August 8th. Two 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 company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of €10.20 ($11.86).
Shares of Commerzbank stock opened at €8.71 ($10.13) on Friday. Commerzbank has a 1 year low of €7.82 ($9.09) and a 1 year high of €13.82 ($16.07).
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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