Commerzbank (ETR:CBK) has been given a €11.10 ($13.21) price objective by analysts at Morgan Stanley in a note issued to investors on Wednesday. The brokerage presently has a “neutral” rating on the financial services provider’s stock. Morgan Stanley’s price target points to a potential downside of 12.94% from the stock’s current price.

CBK has been the topic of a number of other research reports. Deutsche Bank set a €10.50 ($12.50) target price on Commerzbank and gave the stock a “neutral” rating in a report on Wednesday, October 18th. Royal Bank of Canada set a €9.00 ($10.71) target price on Commerzbank and gave the stock a “neutral” rating in a report on Friday, December 1st. J P Morgan Chase & Co set a €9.60 ($11.43) target price on Commerzbank and gave the stock a “neutral” rating in a report on Thursday, October 19th. Nord/LB set a €9.50 ($11.31) target price on Commerzbank and gave the stock a “sell” rating in a report on Thursday, November 9th. Finally, Independent Research set a €10.00 ($11.90) target price on Commerzbank and gave the stock a “sell” rating in a report on Monday, September 25th. Five investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and one has issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of €10.22 ($12.17).

Commerzbank (CBK) opened at €12.75 ($15.18) on Wednesday. Commerzbank has a 1-year low of €6.97 ($8.30) and a 1-year high of €12.84 ($15.29).

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