Commerzbank AG (ETR:CBK) Given Average Rating of “Hold” by Brokerages

Commerzbank AG (ETR:CBKGet Rating) has been given a consensus rating of “Sell” by the fifteen analysts that are covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation. The average 12 month price target among analysts that have issued ratings on the stock in the last year is €8.37 ($8.81).

A number of analysts have recently commented on CBK shares. Morgan Stanley set a €10.70 ($11.26) price objective on shares of Commerzbank in a research report on Thursday, April 7th. JPMorgan Chase & Co. set a €7.80 ($8.21) price target on shares of Commerzbank in a research report on Thursday. Royal Bank of Canada set a €8.20 ($8.63) price target on shares of Commerzbank in a research report on Thursday. Deutsche Bank Rese… set a €10.00 ($10.53) price target on shares of Commerzbank in a research report on Wednesday, April 27th. Finally, Berenberg Bank set a €7.00 ($7.37) price target on shares of Commerzbank in a research report on Thursday, March 3rd.

Shares of CBK stock traded up €0.13 ($0.14) during trading on Friday, reaching €6.27 ($6.60). The company’s stock had a trading volume of 6,498,383 shares, compared to its average volume of 8,870,000. The business has a fifty day moving average price of €6.63 and a 200-day moving average price of €7.02. The company has a market cap of $7.85 billion and a price-to-earnings ratio of 27.02. Commerzbank has a one year low of €5.01 ($5.27) and a one year high of €9.51 ($10.01).

About Commerzbank (Get Rating)

Commerzbank AG provides banking and capital market services to private and small business customers, multinational groups, financial service providers, and institutional clients worldwide. It operates through two segments, Private and Small-Business Customers, and Corporate Clients. The company offers accounts, commercial payments, payment enabling, clearing and custody, and other services; trade services, including documentary collection, letters of credit, guarantees, trade facilitation, supply chain financing, buyer's credit, and forfaiting services; and bilateral loans, club deals, Schuldschein instruments, syndicated loans, bonds, private placements, other debt instruments, and Islamic financing services.

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Analyst Recommendations for Commerzbank (ETR:CBK)

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