JPMorgan Chase & Co. set a €6.00 ($6.98) price objective on Commerzbank (ETR:CBK) in a report released on Thursday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the financial services provider’s stock.

Several other equities research analysts have also recently weighed in on the stock. HSBC set a €8.20 ($9.53) price objective on shares of Commerzbank and gave the stock a buy rating in a research report on Monday, October 28th. Pareto Securities set a €6.00 ($6.98) price objective on shares of Commerzbank and gave the stock a neutral rating in a research report on Thursday. Goldman Sachs Group set a €7.20 ($8.37) price objective on shares of Commerzbank and gave the stock a neutral rating in a research report on Monday, January 20th. Deutsche Bank set a €5.00 ($5.81) price objective on shares of Commerzbank and gave the stock a neutral rating in a research report on Monday, January 27th. Finally, Morgan Stanley set a €4.80 ($5.58) price objective on shares of Commerzbank and gave the stock a sell rating in a research report on Friday, January 17th. Four research 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 a consensus target price of €6.06 ($7.05).

CBK traded up €0.19 ($0.22) on Thursday, hitting €6.61 ($7.69). 19,094,224 shares of the stock were exchanged, compared to its average volume of 8,870,000. Commerzbank has a 12 month low of €4.66 ($5.42) and a 12 month high of €8.26 ($9.60). The business has a 50-day moving average of €5.51 and a two-hundred day moving average of €5.41. The firm has a market capitalization of $8.28 billion and a price-to-earnings ratio of 10.38.

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.

See Also: How to invest using market indexes

Analyst Recommendations for Commerzbank (ETR:CBK)

Receive News & Ratings for Commerzbank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Commerzbank and related companies with MarketBeat.com's FREE daily email newsletter.