Commerzbank (CBK) Given a €12.50 Price Target by Baader Bank Analysts

Baader Bank set a €12.50 ($14.53) price target on Commerzbank (ETR:CBK) in a research note published on Thursday. The firm currently has a buy rating on the financial services provider’s stock.

Several other research firms also recently issued reports on CBK. Royal Bank of Canada set a €11.00 ($12.79) price objective on Commerzbank and gave the stock a buy rating in a report on Friday, October 19th. Independent Research set a €9.50 ($11.05) price objective on Commerzbank and gave the stock a neutral rating in a report on Tuesday, August 7th. Kepler Capital Markets set a €8.50 ($9.88) price objective on Commerzbank and gave the stock a sell rating in a report on Thursday, August 9th. Warburg Research set a €8.80 ($10.23) price objective on Commerzbank and gave the stock a neutral rating in a report on Monday, July 30th. Finally, Deutsche Bank set a €10.00 ($11.63) price objective on Commerzbank and gave the stock a neutral rating in a report on Tuesday, August 7th. Three investment analysts have rated the stock with a sell rating, twelve have given a hold rating and six have given a buy rating to the company. The company currently has a consensus rating of Hold and an average target price of €10.19 ($11.85).

CBK stock traded down €0.10 ($0.12) during midday trading on Thursday, hitting €8.71 ($10.13). 8,126,725 shares of the company’s stock were exchanged, compared to its average volume of 8,870,000. Commerzbank has a 12-month low of €7.82 ($9.09) and a 12-month high of €13.82 ($16.07).

About Commerzbank

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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Analyst Recommendations for Commerzbank (ETR:CBK)

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