Commerzbank (CBK) Given a €9.50 Price Target by Nord/LB Analysts

Nord/LB set a €9.50 ($11.31) price target on Commerzbank (ETR:CBK) in a research report sent to investors on Thursday. The firm currently has a sell rating on the financial services provider’s stock.

Other equities research analysts also recently issued reports about the stock. equinet set a €11.50 ($13.69) target price on shares of Commerzbank and gave the company a neutral rating in a research note on Friday, October 13th. DZ Bank restated a sell rating on shares of Commerzbank in a research note on Thursday, November 9th. Goldman Sachs Group set a €10.50 ($12.50) price objective on shares of Commerzbank and gave the stock a neutral rating in a research note on Wednesday, December 6th. Warburg Research set a €11.10 ($13.21) target price on shares of Commerzbank and gave the company a neutral rating in a research report on Monday, November 6th. Finally, Deutsche Bank restated a neutral rating on shares of Commerzbank in a research report on Thursday, October 12th. Five equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and one has issued a buy rating to the company’s stock. The company has an average rating of Hold and a consensus target price of €10.52 ($12.52).

Shares of Commerzbank (ETR:CBK) opened at €13.35 ($15.89) on Thursday. Commerzbank has a one year low of €6.97 ($8.30) and a one year high of €13.53 ($16.11).

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Commerzbank Company Profile

COMMERZBANK AG is a Germany-based bank for private and corporate customers in Germany. The bank operates six business segments: Private Customers, which operates Retail, Business and Wealth Management Customers, Sales Retail and Business Customers North-East and South-West, Sales Wealth Management, and Credit operating units, among others; Mittelstandsbank, which operates Small and Medium Enterprises, Large Corporations, Corporate Banking, Corporates International and Financial Institutions units; Central & Eastern Europe, which operates CEE-Holding/Subsidiaries & Branches, BRE Bank and Bank Forum units; Corporates & Markets, which operates Equity Markets & Commodities, Fixed Income Trading, Corporate Finance, Fixed Income Sales, Client Relationship Management, and Research units, among others; Asset Based Finance, which operates CRE Germany, Public Finance and Ship Finance units, among others, and Portfolio Restructuring Unit, which operates Portfolio Restructuring Unit.

Analyst Recommendations for Commerzbank (ETR:CBK)

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