JPMorgan Chase & Co. Lowers Commerzbank AG (CRZBY) to Neutral
A number of other brokerages have also recently issued reports on CRZBY. BNP Paribas raised Commerzbank AG from a neutral rating to an outperform rating in a report on Thursday, September 1st. Deutsche Bank AG cut Commerzbank AG from a buy rating to a hold rating in a report on Wednesday, October 5th.
Commerzbank AG (NASDAQ:CRZBY) opened at 6.39 on Thursday. Commerzbank AG has a 52-week low of $5.83 and a 52-week high of $11.96. The stock’s 50 day moving average is $6.85 and its 200 day moving average is $7.44. The company has a market cap of $8.00 billion and a price-to-earnings ratio of 9.03.
Commerzbank AG Company Profile
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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