Independent Research Analysts Give Commerzbank (CBK) a €9.50 Price Target

Independent Research set a €9.50 ($11.05) target price on Commerzbank (ETR:CBK) in a research report sent to investors on Thursday morning. The firm currently has a neutral rating on the financial services provider’s stock.

A number of other research analysts also recently commented on CBK. Royal Bank of Canada set a €9.75 ($11.34) target price on Commerzbank and gave the company a neutral rating in a research note on Friday, July 13th. Deutsche Bank set a €10.00 ($11.63) target price on Commerzbank and gave the company a neutral rating in a research note on Wednesday, July 18th. HSBC set a €13.00 ($15.12) price target on Commerzbank and gave the stock a buy rating in a research note on Tuesday, July 24th. Warburg Research set a €8.80 ($10.23) price target on Commerzbank and gave the stock a neutral rating in a research note on Monday, July 30th. Finally, Credit Suisse Group set a €8.50 ($9.88) price target on Commerzbank and gave the stock a sell rating in a research note on Tuesday, July 31st. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have assigned a buy rating to the company’s stock. Commerzbank currently has a consensus rating of Hold and an average price target of €10.20 ($11.86).

Shares of ETR CBK opened at €8.71 ($10.13) on Thursday. Commerzbank has a one year low of €7.82 ($9.09) and a one year 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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