Commerzbank AG (CRZBY) – What Are Analysts Thinking About This Stock?

Shares of Commerzbank AG (OTCMKTS:CRZBY) have earned an average recommendation of “Moderate Buy” from the nine ratings firms that are covering the company, Marketbeat reports. Five equities research analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and one has issued a strong buy recommendation on the company.

Several equities analysts have recently commented on CRZBY shares. Royal Bank Of Canada downgraded Commerzbank from a “moderate buy” rating to a “hold” rating in a research report on Friday, October 2nd. Deutsche Bank Aktiengesellschaft downgraded Commerzbank from a “buy” rating to a “hold” rating in a research report on Tuesday, September 29th. Finally, Citigroup reiterated a “neutral” rating on shares of Commerzbank in a research report on Monday, September 28th.

Commerzbank Stock Down 2.4%

Commerzbank stock opened at $42.18 on Friday. The firm has a market cap of $44.28 billion, a PE ratio of 12.67 and a beta of 0.60. The company has a debt-to-equity ratio of 1.62, a quick ratio of 12.24 and a current ratio of 0.45. The firm’s 50 day moving average price is $44.95 and its two-hundred day moving average price is $42.35. Commerzbank has a twelve month low of $33.63 and a twelve month high of $50.16.

Commerzbank (OTCMKTS:CRZBY) last released its quarterly earnings data on Thursday, November 5th. The financial services provider reported $0.90 earnings per share for the quarter, beating the consensus estimate of $0.87 by $0.03. Commerzbank had a return on equity of 8.89% and a net margin of 13.30%. The business had revenue of $3.74 billion for the quarter, compared to analysts’ expectations of $3.69 billion. On average, research analysts predict that Commerzbank will post 3.42 EPS for the current fiscal year.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Commerzbank stock. GAMMA Investing LLC lifted its stake in Commerzbank AG (OTCMKTS:CRZBY) by 5.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,201 shares of the financial services provider’s stock after purchasing an additional 324 shares during the quarter. GAMMA Investing LLC’s holdings in Commerzbank were worth $281,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

About Commerzbank

Commerzbank AG is a German banking group headquartered in Frankfurt. Founded in Hamburg in 1870, it provides financial services to individuals, small and midsize businesses, and corporate clients.

Its services include checking and savings accounts, payments, lending, investment and securities services, and financing for businesses. For corporate customers, the bank also offers services such as trade finance, cash management, and support for international business activities.

Commerzbank’s business is centered on Germany, with operations and services in other markets, including through its Polish subsidiary mBank.