Royal Bank of Canada set a €9.00 ($10.71) price target on Commerzbank (ETR:CBK) in a research note published on Friday. The firm currently has a neutral rating on the financial services provider’s stock.

Other analysts have also recently issued research reports about the company. Citigroup reiterated a buy rating on shares of Commerzbank in a research report on Thursday, September 21st. Kepler Capital Markets set a €11.00 ($13.10) price objective on Commerzbank and gave the company a neutral rating in a research report on Monday, October 23rd. Morgan Stanley set a €11.15 ($13.27) price objective on Commerzbank and gave the company a neutral rating in a research report on Monday, October 23rd. set a €11.50 ($13.69) price objective on Commerzbank and gave the company a neutral rating in a research report on Friday, October 20th. Finally, J P Morgan Chase & Co set a €9.60 ($11.43) price objective on Commerzbank and gave the company a neutral rating in a research report on Thursday, October 19th. Five equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and one has issued a buy rating to the company’s stock. The company currently has a consensus rating of Hold and an average target price of €10.23 ($12.17).

Shares of Commerzbank (ETR CBK) opened at €12.66 ($15.07) on Friday. 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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