COMWLTH BK AUS/S (CMWAY) Stock Rating Lowered by Commonwealth Bank

COMWLTH BK AUS/S (OTCMKTS:CMWAY) was downgraded by research analysts at Commonwealth Bank to a “sell” rating in a research note issued on Monday, The Fly reports. They currently have a $60.00 price target on the stock, down from their previous price target of $75.00.

About COMWLTH BK AUS/S

Commonwealth Bank of Australia provides integrated financial services in Australia, New Zealand, and internationally. The company offers retail, premium, business, and institutional banking; and funds management, superannuation, insurance, investment, and share-broking products and services. It operates through Retail Banking Services, Business and Private Banking, Institutional Banking and Markets, Wealth Management, New Zealand, Bankwest, and IFS and Other Divisions.

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The Fly

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