UBS Group set a €11.60 ($14.32) price objective on Commerzbank (ETR:CBK) in a research report sent to investors on Thursday, www.boersen-zeitung.de reports. The firm currently has a sell rating on the financial services provider’s stock.

Several other equities research analysts have also recently weighed in on the stock. Royal Bank of Canada set a €12.50 ($15.43) target price on shares of Commerzbank and gave the company a neutral rating in a research note on Friday, January 26th. Warburg Research set a €11.10 ($13.70) target price on shares of Commerzbank and gave the company a neutral rating in a research note on Thursday, January 25th. Macquarie set a €11.00 ($13.58) target price on shares of Commerzbank and gave the company a sell rating in a research note on Tuesday, January 23rd. Deutsche Bank set a €11.50 ($14.20) target price on shares of Commerzbank and gave the company a neutral rating in a research note on Tuesday, January 23rd. Finally, Nord/LB set a €9.50 ($11.73) target price on shares of Commerzbank and gave the company a sell rating in a research note on Thursday, January 18th. Five research analysts have rated the stock with a sell rating, fifteen have given a hold rating and one has given a buy rating to the company. The stock currently has an average rating of Hold and an average target price of €11.02 ($13.60).

Shares of Commerzbank (ETR CBK) opened at €11.95 ($14.75) on Thursday. Commerzbank has a one year low of €6.97 ($8.60) and a one year high of €13.82 ($17.06).

TRADEMARK VIOLATION NOTICE: This article was originally posted by Watch List News and is the sole property of of Watch List News. If you are accessing this article on another site, it was illegally stolen and republished in violation of U.S. & international copyright and trademark laws. The legal version of this article can be accessed at https://www.watchlistnews.com/ubs-group-analysts-give-commerzbank-cbk-a-11-60-price-target/1860200.html.

Commerzbank Company Profile

COMMERZBANK AG is a Germany-based bank for private and corporate customers in Germany. The bank operates six business segments: Private Customers, which operates Retail, Business and Wealth Management Customers, Sales Retail and Business Customers North-East and South-West, Sales Wealth Management, and Credit operating units, among others; Mittelstandsbank, which operates Small and Medium Enterprises, Large Corporations, Corporate Banking, Corporates International and Financial Institutions units; Central & Eastern Europe, which operates CEE-Holding/Subsidiaries & Branches, BRE Bank and Bank Forum units; Corporates & Markets, which operates Equity Markets & Commodities, Fixed Income Trading, Corporate Finance, Fixed Income Sales, Client Relationship Management, and Research units, among others; Asset Based Finance, which operates CRE Germany, Public Finance and Ship Finance units, among others, and Portfolio Restructuring Unit, which operates Portfolio Restructuring Unit.

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.