Commonwealth Bank of Australia (ASX: CBA)‘s stock had its “outperform” rating reiterated by equities research analysts at Macquarie in a research note issued to investors on Friday. They currently have a $30.09 (29 AUD) price target on the stock.

A number of other analysts have also recently weighed in on CBA. Analysts at BBY Limited reiterated a “buy” rating on shares of Commonwealth Bank of Australia in a research note to investors on Wednesday. They now have a $67.37 price target on the stock. Separately, analysts at Nomura reiterated a “neutral” rating on shares of Commonwealth Bank of Australia in a research note to investors on Monday. They now have a $27.89 price target on the stock. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Commonwealth Bank of Australia in a research note to investors on Wednesday, January 16th. They now have a $62.32 price target on the stock.

Shares of Commonwealth Bank of Australia traded up 0.55% during mid-day trading on Friday, hitting A$63.590. Commonwealth Bank of Australia has a one year low of A$45.390 and a one year high of A$58.050. The stock’s 50-day moving average is currently A$55.24. The company has a market cap of A$100.8 billion and a P/E ratio of 14.93.

Commonwealth Bank of Australia (the Bank) is engaged in the provision of a range of banking and financial products and services to retail, small business, corporate and institutional clients.

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