Commerzbank (CBK) Given a €9.00 Price Target at Credit Suisse Group

Credit Suisse Group set a €9.00 ($10.47) price objective on Commerzbank (ETR:CBK) in a report released on Tuesday. The brokerage currently has a neutral rating on the financial services provider’s stock.

Several other analysts have also weighed in on CBK. Cfra set a €9.50 ($11.05) price objective on Commerzbank and gave the company a neutral rating in a research note on Wednesday, August 8th. JPMorgan Chase & Co. set a €11.00 ($12.79) price objective on Commerzbank and gave the company a neutral rating in a research note on Tuesday, August 7th. Royal Bank of Canada set a €9.75 ($11.34) price objective on Commerzbank and gave the company a neutral rating in a research note on Friday, July 13th. Goldman Sachs Group set a €11.75 ($13.66) price objective on Commerzbank and gave the company a neutral rating in a research note on Tuesday, August 7th. Finally, HSBC set a €13.00 ($15.12) price objective on Commerzbank and gave the company a buy rating in a research note on Wednesday, October 24th. Three research analysts have rated the stock with a sell rating, twelve have given a hold rating and six have assigned a buy rating to the stock. The company presently has an average rating of Hold and an average price target of €10.19 ($11.85).

ETR:CBK opened at €8.71 ($10.13) on Tuesday. Commerzbank has a twelve month low of €7.82 ($9.09) and a twelve month high of €13.82 ($16.07).

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 Private and Small-Business Customers; Corporate Clients; and Asset & Capital Recovery segments.

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Analyst Recommendations for Commerzbank (ETR:CBK)

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