According to Zacks, “COMMERZBANK AG is involved in the Financial Services Industry. Their principal activities are the provision of banking services, operating through the following divisions: Group management and Services, Domestic Branch Banking, International Finance, and Investment Banking. “
CRZBY has been the topic of several other reports. JPMorgan Chase & Co. reiterated a neutral rating on shares of Commerzbank in a report on Friday, July 5th. Jefferies Financial Group began coverage on shares of Commerzbank in a report on Thursday, May 2nd. They set a hold rating on the stock. Two research analysts have rated the stock with a sell rating and three have assigned a hold rating to the stock. The stock has a consensus rating of Hold.
An institutional investor recently raised its position in Commerzbank stock. Quadrant Capital Group LLC boosted its position in shares of Commerzbank AG (OTCMKTS:CRZBY) by 98.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 25,060 shares of the financial services provider’s stock after purchasing an additional 12,459 shares during the period. Quadrant Capital Group LLC’s holdings in Commerzbank were worth $190,000 as of its most recent SEC filing. 0.18% of the stock is currently owned by hedge funds and other institutional investors.
Commerzbank Company Profile
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 two segments, Private and Small-Business Customers and Corporate Clients segments.
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