Independent Research GmbH set a €10.00 ($11.63) price target on Commerzbank Ag (ETR:CBK) in a research note issued to investors on Thursday. The firm currently has a sell rating on the financial services provider’s stock.

A number of other research firms have also recently commented on CBK. S&P Global set a €8.50 ($9.88) target price on shares of Commerzbank Ag and gave the stock a sell rating in a research note on Thursday, August 3rd. Kepler Capital Markets set a €11.00 ($12.79) target price on shares of Commerzbank Ag and gave the stock a neutral rating in a research note on Monday, October 23rd. Morgan Stanley set a €9.35 ($10.87) target price on shares of Commerzbank Ag and gave the stock a neutral rating in a research note on Friday, July 21st. Citigroup Inc. reiterated a buy rating on shares of Commerzbank Ag in a research note on Thursday, September 21st. Finally, HSBC Holdings plc set a €11.50 ($13.37) target price on shares of Commerzbank Ag and gave the stock a neutral rating in a research note on Friday, October 20th. Five analysts have rated the stock with a sell rating, twelve have assigned a hold rating and two have given a buy rating to the company. Commerzbank Ag currently has a consensus rating of Hold and a consensus price target of €10.08 ($11.72).

Shares of Commerzbank Ag (ETR:CBK) opened at €11.89 ($13.83) on Thursday. Commerzbank Ag has a 12 month low of €5.91 ($6.87) and a 12 month high of €12.41 ($14.43).

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