Commerzbank AG (CBK) Given a €7.50 Price Target at equinet AG
Commerzbank AG (ETR:CBK) has been assigned a €7.50 ($8.33) price objective by equities researchers at equinet AG in a report released on Tuesday. The brokerage currently has a a “buy” rating on the stock.
A number of other research analysts also recently commented on the stock. Bankhaus Lampe set a €9.00 ($10.00) price objective on shares of Commerzbank AG and gave the company a “buy” rating in a research report on Friday. HSBC set a €6.60 ($7.33) target price on shares of Commerzbank AG and gave the company a “neutral” rating in a research note on Friday. Barclays PLC set a €7.00 ($7.78) target price on shares of Commerzbank AG and gave the company a “sell” rating in a research note on Friday. Berenberg Bank set a €5.00 ($5.56) target price on shares of Commerzbank AG and gave the company a “sell” rating in a research note on Friday. Finally, DZ Bank AG reiterated a “neutral” rating on shares of Commerzbank AG in a research note on Friday. Five research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have assigned a buy rating to the stock. Commerzbank AG presently has a consensus rating of “Hold” and an average target price of €7.51 ($8.34).
Commerzbank AG (ETR:CBK) opened at 5.782 on Tuesday. The firm’s 50-day moving average is €6.08 and its 200 day moving average is €6.72. The firm has a market capitalization of €7.24 billion and a price-to-earnings ratio of 9.149. Commerzbank AG has a one year low of €5.16 and a one year high of €10.86.
About Commerzbank AG
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