Citigroup Reaffirms Buy Rating for Commerzbank (CBK)
CBK has been the topic of several other reports. Deutsche Bank set a €10.50 ($12.50) price target on Commerzbank and gave the company a neutral rating in a report on Wednesday, October 18th. Morgan Stanley set a €11.15 ($13.27) price target on Commerzbank and gave the company a neutral rating in a report on Monday, October 23rd. set a €11.50 ($13.69) price target on Commerzbank and gave the company a neutral rating in a report on Friday, October 20th. DZ Bank restated a sell rating on shares of Commerzbank in a research note on Friday, December 15th. Finally, J P Morgan Chase & Co set a €9.60 ($11.43) price objective on Commerzbank and gave the stock a neutral rating in a research note on Thursday, November 9th. Five investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and one has issued a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus target price of €10.52 ($12.52).
Commerzbank (ETR CBK) opened at €12.75 ($15.18) on Tuesday. Commerzbank has a twelve month low of €6.97 ($8.30) and a twelve month high of €12.94 ($15.40).
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