Commerzbank AG (ETR:CBK) has received a consensus recommendation of “Hold” from the nineteen analysts that are covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, eleven have given a hold recommendation and six have given a buy recommendation to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is €9.01 ($10.48).

CBK has been the subject of several recent research reports. JPMorgan Chase & Co. set a €11.00 ($12.79) price target on Commerzbank and gave the stock a “buy” rating in a research report on Monday, January 7th. Royal Bank of Canada set a €8.50 ($9.88) price target on Commerzbank and gave the stock a “buy” rating in a research report on Tuesday, January 1st. HSBC set a €10.00 ($11.63) price target on Commerzbank and gave the stock a “buy” rating in a research report on Tuesday, December 18th. Finally, UBS Group reissued a “buy” rating on shares of Commerzbank in a research report on Wednesday, January 16th.

Commerzbank stock traded up €0.10 ($0.12) during mid-day trading on Monday, hitting €7.73 ($8.99). 8,088,306 shares of the company were exchanged, compared to its average volume of 8,870,000. The company has a market capitalization of $9.68 billion and a price-to-earnings ratio of 11.19. Commerzbank has a 12-month low of €5.50 ($6.40) and a 12-month high of €11.16 ($12.97).

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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