Commerzbank AG (CRZBY) Downgraded by BNP Paribas to “Neutral”
Separately, Deutsche Bank AG lowered Commerzbank AG from a “buy” rating to a “hold” rating in a research note on Wednesday.
Commerzbank AG (NASDAQ:CRZBY) traded up 0.614% on Wednesday, reaching $6.555. The company’s stock had a trading volume of 39,119 shares. Commerzbank AG has a 12 month low of $5.83 and a 12 month high of $11.96. The firm has a market cap of $8.21 billion and a price-to-earnings ratio of 9.258. The firm has a 50 day moving average of $6.86 and a 200 day moving average of $7.51.
About Commerzbank AG
Commerzbank AG is a bank for private and corporate customers. The Bank’s business segments are Private Customers, Mittelstandsbank, Central & Eastern Europe, Corporates & Markets and Non-Core Assets. The Private Customers segment comprises the Private Customers, Direct Banking and Commerz Real Group divisions.
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