Independent Research set a €5.00 ($5.81) target price on Commerzbank (ETR:CBK) in a report issued on Friday morning, Borsen Zeitung reports. The brokerage currently has a sell rating on the financial services provider’s stock.

Several other equities research analysts have also recently commented on CBK. Credit Suisse Group set a €6.50 ($7.56) price target on shares of Commerzbank and gave the stock a neutral rating in a research report on Monday, September 23rd. Royal Bank of Canada set a €5.50 ($6.40) target price on shares of Commerzbank and gave the company a neutral rating in a report on Thursday, November 7th. Jefferies Financial Group set a €7.00 ($8.14) target price on shares of Commerzbank and gave the company a neutral rating in a report on Thursday, November 7th. Warburg Research set a €7.00 ($8.14) target price on shares of Commerzbank and gave the company a neutral rating in a report on Wednesday, July 31st. Finally, Deutsche Bank set a €5.00 ($5.81) target price on shares of Commerzbank and gave the company a neutral rating in a report on Tuesday, October 1st. Three analysts have rated the stock with a sell rating, twelve have given a hold rating and one has issued a buy rating to the company. The company has an average rating of Hold and an average price target of €6.40 ($7.44).

Shares of ETR:CBK opened at €5.65 ($6.57) on Friday. The company’s 50-day moving average price is €5.34 and its two-hundred day moving average price is €6.05. Commerzbank has a one year low of €4.66 ($5.42) and a one year high of €8.94 ($10.40). The stock has a market capitalization of $6.94 billion and a PE ratio of 9.79.

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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Analyst Recommendations for Commerzbank (ETR:CBK)

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