Shares of Commerzbank AG (OTCMKTS:CRZBY – Get Free Report) have been assigned a consensus rating of “Moderate Buy” from the nine brokerages that are currently covering the stock, MarketBeat Ratings reports. Five analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating on the company.
Several equities research analysts recently weighed in on CRZBY shares. Royal Bank Of Canada cut shares of Commerzbank from a “moderate buy” rating to a “hold” rating in a research note on Friday, October 2nd. Citigroup restated a “neutral” rating on shares of Commerzbank in a research note on Monday, September 28th. Finally, Deutsche Bank Aktiengesellschaft lowered Commerzbank from a “buy” rating to a “hold” rating in a research note on Tuesday, September 29th.
Read Our Latest Stock Analysis on CRZBY
Institutional Inflows and Outflows
A hedge fund recently bought a new position in Commerzbank stock. Canopy Partners LLC bought a new position in Commerzbank AG (OTCMKTS:CRZBY – Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 4,570 shares of the financial services provider’s stock, valued at approximately $207,000.
Commerzbank Stock Performance
OTCMKTS CRZBY opened at $45.00 on Friday. The company has a debt-to-equity ratio of 1.62, a current ratio of 0.45 and a quick ratio of 12.24. The firm has a market capitalization of $47.24 billion, a price-to-earnings ratio of 14.80 and a beta of 0.60. The company’s fifty day moving average is $45.11 and its two-hundred day moving average is $42.33. Commerzbank has a 52-week low of $33.63 and a 52-week high of $50.16.
About Commerzbank
Commerzbank AG is a German commercial bank headquartered in Frankfurt am Main. Founded in 1870, the bank serves private customers, small and medium-sized businesses, large corporate clients and institutional investors. Its activities are centered primarily in Germany and Poland, with additional international operations supporting corporate and capital-markets clients.
The bank’s services include current and savings accounts, consumer and business lending, mortgages, payment services, investment products, securities trading and wealth management.
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