UBS Reaffirms “Neutral” Rating for Commerzbank (CBK)
UBS reaffirmed their neutral rating on shares of Commerzbank (ETR:CBK) in a research report report published on Monday, www.boersen-zeitung.de reports.
A number of other analysts have also recently commented on the stock. Royal Bank of Canada set a €9.00 ($10.71) price target on shares of Commerzbank and gave the company a neutral rating in a research note on Friday, December 8th. Goldman Sachs Group set a €10.50 ($12.50) price target on shares of Commerzbank and gave the company a neutral rating in a research note on Wednesday, December 6th. Citigroup reissued a buy rating on shares of Commerzbank in a research report on Tuesday, November 21st. Morgan Stanley set a €11.15 ($13.27) price objective on shares of Commerzbank and gave the company a neutral rating in a research report on Wednesday, November 15th. Finally, S&P Global set a €10.00 ($11.90) price objective on shares of Commerzbank and gave the company a sell rating in a research report on Friday, November 10th. Five investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and one has issued a buy rating to the stock. Commerzbank has a consensus rating of Hold and a consensus price target of €10.22 ($12.17).
Commerzbank (ETR CBK) opened at €12.76 ($15.18) on Monday. 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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